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 4127 active competitors, including 291 funded and 325 that have exited. Its top competitors include companies like DocuSign, Automattic and Box.
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
45th among 4127 active competitors
Employee Count
73 as on Jun 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 | 4995530 | Series A | 9955596 | 4881246 | 5060332 | 2423607 |
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 Jun 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, Automattic and Box. 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 | 87/100 | |
2nd | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 85/100 | |
3rd | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
4th | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 78/100 | |
5th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
6th | Nitro 2005, San Francisco (United States), Acquired | Cloud-based PDF management and e-signing tools | $36.6M | 72/100 | |
7th | Acquia 2007, Boston (United States), Acquired | Provider of a digital experience platform for content, community, and commerce | $174M | 71/100 | |
8th | PandaDoc 2011, San Francisco (United States), Series C | Provider of document management and automation platform with e-signature capabilities | $61.9M | 70/100 | |
9th | Provider of a unified platform for digital transformation and automation | $17.7M | 69/100 | ||
10th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
45th | 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 2 events in the last 1 year.
•
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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