Editor's note: This story has been updated to name the investors in Notarize's Series A round.
Notarize, the digital notary service founded by serial entrepreneur Pat Kinsel, just disclosed that it has raised an $8 million round via a regulatory filing, only a few months after announcing the close of its $2.4 million seed investment.
Before officially launching Notarize on the Apple App Store earlier this year, Kinsel helped found Spindle, a location-based social news filter, alongside other veterans of Microsoft's FUSE Labs and Startup Labs. They sold it to Twitter in 2013 and Kinsel eventually left to join Polaris Partners as a venture partner. Now Kinsel is working on Notarize full-time as its CEO.
Update: Polaris Partners led the new round, with participation from Ludlow Ventures and Founder's Fund, according to a Fortune story on Monday. The former two firms invested in the seed round, along with Crashlytics co-founders Wayne Chang and Jeff Seibert and Streetwise Media co-founder Chase Garbarino, now CEO and co-founder at Ventureapp. (Streetwise is BostInno's parent company.)
You can read the story about how Kinsel conceived Notarize while recovering from a ski accident right here.
As Notarize noted earlier this year, the market for notarizations is $30 billion annually. The startup aims to become a big player by allowing notaries handle transactions online, verifying signature and identification over video chat for $25 per transaction. "The idea is to elevate the profession of notarization," Kinsel told BostInno in February.
Kinsel declined to comment on the startup's new regulatory filing.
