
Notarize
Data Management & Analytics
Boston, Massachusetts
Overall Rank: 95
Category: Data Management & Analytics
Category Rank: 22
Awards:
Top Software Company of 2022
Top Software Company of 2021
Power 500 Software Company
Profile
Notarize is the leading software platform to allow any person or business to establish identities and get documents legally notarized online, 24/7, from anywhere. From adopting a child to buying or selling a home or car, Notarize’s software and services bring trust to life and business’ most important moments and make them more convenient, secure, and verifiable. Notarize provides digital trust primarily through Remote Online Notarization (RON).
As a category pioneer, Notarize has completed many online firsts, and is the country’s first legal online notarization service for real estate closings, mortgages, wills, and auto sales. Notarize partners with industry-leading companies including the country’s largest real estate companies, homebuilders, trade associations, title companies, mortgage lenders, retirement companies, iBuyers, and several of the Fortune 100.
Led by CEO Pat Kinsel, Notarize offers a fully legal and compliant service to highly regulated industries that is able to meet every customer’s requirements and needs. Notarize has software solutions for consumers, businesses, and the 4M+ commissioned notaries in the U.S. Notarize has grown 600% since March 2020, and is on the forefront of software and product development, as well as policy efforts at the state and federal level to allow for expanded digital services across the country.
Visit www.notarize.com
Key Products
Notarize is a digital platform that uses technology and live human interaction to establish identities and help businesses meet regulatory requirements. Notarize pioneered Remote Online Notarization (RON) and the Notarize platform to allow any person or business to get their documents legally notarized online, 24/7, and the company’s mission is to help people and businesses execute the most important transactions of their lives and to make the whole process more convenient and secure. Notarize isn’t just a notary company – they’re the ‘last mile’ of multi-billion-dollar business models that promise an Amazon-like online checkout experience. Notarize allows these transformative online businesses to bring trust and identity verification into their processes at a scale never before seen online. RON is a fully digital experience that mirrors the traditional notarial act and provides the same legal protections. A signer appears before a notary on a video call, and together they complete, sign, and legally notarize the document. Notarize built proprietary technology that gives users — notaries and signers — access to this secure, digital signing table. Notaries use this technology to remotely obtain evidence of identity and communicate live with signers; signers connect once they’ve completed security measures, including personal identity challenge questions and credential analysis of their government-issued ID. Both parties have more convenience and security throughout the whole process.
Notarize leads the category they created and has partnered with many leading companies in technology, real estate, financial services, automotive and more, including Adobe, Dropbox, Zillow, Redfin, Stripe, TIAA, Transamerica, and more.
Key Executives
Pat Kinsel, Founder and CEO
Pat is the Founder and CEO of Notarize, the first company to offer legal online notarizations and to enable anyone to buy or sell their home, execute their mortgage, buy or sell a car, or complete countless other mission-critical transactions entirely online.
Pat founded Notarize in 2015 and pioneered Remote Online Notarization (RON). As the category pioneer and leader, Notarize became the first platform approved by Fannie Mae, Freddie Mac, and countless title underwriters and national banks. Notarize partners with industry leaders, innovators, and transformational companies, including Adobe, Realogy, Lennar, Zillow, ResWare, SoftPro, TIAA, Transamerica, Stripe, Dropbox and many more, as well as NAR, the largest real estate trade association, and the majority of the nation’s top title companies and mortgage lenders. In 2021, Notarize was ranked #114 on the Inc. 5000 list of America’s Fastest Growing Companies.
Pat is a recipient of the Ernst & Young Entrepreneur of the Year 2021 New England Award and was named both a Tech Trendsetter and Vanguard award winner by HousingWire, as well as an MBA Tech All-Star honoree. He lives in Boston and is committed to mentoring and helping the entrepreneurial community.
Kartik Ramachadran, CFO
Kartik Ramachandran is Chief Financial Officer at Notarize. Previously, Kartik was Deputy CFO & VP Global Business Operations at Splunk, CFO and COO at Xome, and President APAC & CFO International at Groupon, where he is credited for his key role leading the company’s IPO. Kartik has a long history of being at the financial helm of companies transitioning from hyper-growth phases through their IPO and beyond. His rich experience anchoring international operations and transitioning business models to meet the demands of a digital world have left a mark across many iconic and disruptive technology companies.
Corporate Responsibility
Notarize is committed to bridging the digital divide and to meaningfully contributing to the reduction of systemic racism in real estate. Notarize is working to stamp out racial covenants and restrictive language in title documents, which puts the burden on homeowners to proactively seek to remove racially restrictive language from their chain of title. Those changes to title require a document to be notarized, and Notarize is aiming to ease those burdens and meaningfully contribute to the efforts by notarizing those title documents for free. Notarize also participates in related advocacy work. On an ongoing basis, Notarize supports activities to bridge the digital divide of those unserved and underserved, and we’re proud to extend our ongoing digital inclusion efforts to this initiative to help strike restrictive covenants from property deeds and assist in the fight against real estate-based systemic racism.
Notarizations are a critical step in many personal and commercial transactions, with Americans collectively notarizing 1.25B documents each year. Notarize’s platform leads to material, positive environmental impacts with market potential providing additional impact opportunities. Projected decreased greenhouse gas (GHG) emissions as a result of Notarize’s platform is equivalent to removing ~78K gas powered-cars per year (~360K metric tons GHG), and digitizing the entire market is equivalent to removing ~800K cars per year (3.7M metric tons GHG).
Customer Insights
“Notarize elevates our innovative technologies and streamlines our entire customer experience with nearly paperless closings,” said Guaranteed Rate Chief Operating Officer Nikolaos Athanasiou. ”Our loan officers have a track record of staying ahead of the curve and ensuring that our borrowers have fast, productive and efficient closings.”
“I’m a new company with a small team and being able to use Notarize with Dropbox is awesome! We can have documents signed by all parties no matter their location, notarized and saved to our Dropbox virtual office in less than 20 mins! Easy, breezy workflow! I can monitor my teams usage”
“This was my first experience with an online notary. If every online platform could run as smoothly as this one, then productivity across all industries would increase exponentially!”
“We’ve used Notarize 3 times and the experience has been consistently outstanding. Polite, informative Notaries interview you via videoconferencing and help you complete the process with the help of a smart interactive editing interface that you share. The price is right, you download your notarized documents immediately, plus you get a login code that you can email recipients so they can verify your electronic documents independently. Helped us notarize while socially distancing for health reasons. Problem solved.”
“It seems like Notarize has thought of everything. They make it really seamless, not only for the company, but for the signer as well. Their company as a whole is hands down the leader with the most support behind them.”
“Notarize gives my organization the efficiency and flexibility of being able to easily and quickly set up the closing electronically and send the signers the eClosing transaction email where they know how to connect with us. If there are last minute changes, which there are always within our industry with our lenders, we easily are able to adjust that, update the documents and still keep that same scheduled closing time.”
“I think we’ve moved mountains by offering online notarization through Notarize, because it’s a great service. And many times, clients in a pinch need to do a transaction quickly. And Notarize really helps with that.”
LEAVE A REPLY