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Notarize nets $36 million, plus more top funding news for Boston-based companies

Boston-based legal company Notarize has secured $36 million in Series B funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced August 27 and led by Lennar Corporation.

According to its Crunchbase profile, "Notarize operates an online notary public service that enables users to connect with a commissioned Virginia eNotary public by live video call in the United States. It offers Notarize, a software service that allows clients to complete the notarization process remotely and entirely online; and Notarize for Mortgage, a platform that digitizes the closing process with technology to coordinate lenders, title companies, and borrowers online. Notarize's electronic notary public service offered to customers via an iOS application built for Apple devices."

The four-year-old startup has raised three previous funding rounds, including a round in 2017.

The round brings total funding raised by Boston companies in apps over the past month to $44 million. The local apps industry has seen 14 funding rounds over the past year, securing a total of $76 million in venture funding.

In other local funding news, small and medium businesses and internet of things company WorkAround announced an angel funding round on August 26.

According to Crunchbase, "WorkAround is the accurate, scalable solution for adding human input to your data using an untapped workforce of domain experts. WorkAround's platform enables simple, quick annotation of data. Anything from classifying expenses into tax codes, annotating breast tissue to identify regions of interest, to identifying drug combinations from clinical trial reports."

Founded in 2017, the company has raised two previous rounds, including an angel round earlier this year.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.