Signit - About the company
Signit is a series A company based in Riyadh (Saudi Arabia), founded in 2021 by Mohamed El Abbouri. It operates as a Platform offering e-signature software. Signit has raised $15M in funding from Raed Ventures. The company has 4939 active competitors, including 290 funded and 341 that have exited. Its top competitors include companies like DocuSign, Box and Automattic.
Company Details
Platform offering e-signature software. It enables companies to create, sign and share their agreements. It allows users to use the existing templates to edit or modify the template suitable for the contracts. The platform verifies and tracks the signature.
- Website
- signit.sa/ar
- Email ID
- *****@signit.sa
Key Metrics
Founded Year
2021
Location
Riyadh, Saudi Arabia
Stage
Series A
Total Funding
$15M in 1 round
Latest Funding Round
Investors
Ranked
46th among 4939 active competitors
Employee Count
73 as on Sep 30, 2026
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Signit's funding and investors
Signit has raised a total funding of $15M over 1 round. Its latest funding round was a Series A round on Apr 21, 2026 for $*****. 5 investors participated in its latest round. Signit has 5 institutional investors.
Here is the list of recent funding rounds of Signit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2026 | 3195145 | Series A | 7971872 | 5294462 | 2246644 | 5221505 |
View details of Signit's funding rounds and investors
Signit's founders and board of directors
Founder? Claim ProfileThe founders of Signit is Mohamed El Abbouri.
Here are the details of Signit's key team members:
- Mohamed El Abbouri: Co-Founder of Signit. Contact Info: 1 email address
View details of Signit's Founder profiles and Board Members
Signit's employee count trend
Signit has 73 employees as of Sep 26. Here is Signit's employee count trend over the years:
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Signit's Competitors and alternates
Top competitors of Signit include DocuSign, Box and Automattic. Here is the list of Top 10 competitors of Signit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DocuSign 2003, San Francisco (United States), Public | Provider of electronic signature and intelligent agreement management platform solutions | $520M | 89/100 | |
2nd | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 81/100 | |
3rd | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 81/100 | |
4th | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 74/100 | |
5th | Nitro 2005, San Francisco (United States), Acquired | Cloud-based PDF management and e-signing tools | $36.6M | 73/100 | |
6th | AI based identity verification and e-Signing solution provider | $13.8M | 73/100 | ||
7th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
8th | Acquia 2007, Boston (United States), Acquired | Provider of a digital experience platform for content, community, and commerce | $174M | 72/100 | |
9th | PandaDoc 2011, San Francisco (United States), Series C | Provider of document management and automation platform with e-signature capabilities | $61.9M | 71/100 | |
10th | M-Files 1989, Plano (United States), Series C | Enterprise document management platform for knowledge work automation | $127M | 69/100 | |
46th | Signit 2021, Riyadh (Saudi Arabia), Series A | Platform offering e-signature software | $15M | 58/100 |
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Signit's Investments and acquisitions
Signit has made no investments or acquisitions yet.
Reports related to Signit
Here is the latest report on Signit's sector:
News related to Signit
Media has covered Signit for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
•
Saudi Tech Startup Signit Raises $15M in Series A Led by Raed VenturesCairoScene•Apr 21, 2026•Takamol, Suhail, Signit, Seedra Ventures and 3 others
•
Signit Secures Comprehensive Digital Trust Provider License in Saudi ArabiaChannel Post Middle East & Africa•Dec 20, 2024•Signit
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