TOP 100 startup Skribble raises capital in the seven-digit range to advance market expansion

28.05.2020 10:18, Isabelle Mitchell

Zurich-based Skribble provides electronic signatures and has concluded its second financing round, which was led by Helvetia Venture Fund, with Mobiliar and employees also participating.

The money will flow into market expansion in Germany and other European markets. Philipp Dick, co-founder and CEO of Skribble, says: "Skribble stands for trust, security, and simplicity. With Helvetia and Mobiliar, we have gained investors who share these values and will join us in expanding into the European market."

Skribble completed its first round of investments in May 2019. Participants from the first round, including the Zürcher Kantonalbank and the venture capital firm btov Partners, invested again in the current round.

Skribble's employees also took part in the investment round. "The Skribble team is the foundation of the company. We wanted to give them the opportunity to also be on board as shareholders," says Philipp Dick. "I am extremely pleased that many people have seized this opportunity - an ultimate vote of confidence from the heart of the company."
   
Skribble was among the TOP 100 Swiss startups in 2019: "Gaining visibility is highly important for a new company to build a brand and to appear on relevant stakeholders' radars. The TOP 100 ranking helped us gain visibility and, thus, step into existence," said Kira Leuthold, Head of Communications at Skribble. 



Source: Translation of PR