sproof, a Salzburg-based e-signature startup, secured over 3 million euros in investment from the European Super Angels Club and co-investors to enhance its growth and expand internationally.
Information on the Target
Founded in 2019 in Salzburg, sproof is a pioneering startup that specializes in providing a comprehensive platform for creating qualified digital signatures. Led by founders Dr. Clemens Brunner and Dr. Fabian Knirsch, the company emerged from their research in privacy and security science at the Salzburg University of Applied Sciences. Since its launch, sproof has captured the attention of numerous national and international companies across various sectors, as well as government organizations, establishing itself as a credible player in the e-signature market.
The recent investment of over 3 million euros from the European Super Angels Club (ESAC) along with other international co-investors, including grants from the FFG (Austrian Research Promotion Agency), further solidifies sproof's position as a key innovator in the digital signature space. This funding will assist the company in expanding its operations beyond the DACH region, facilitating international partnerships and technological integrations into business software platforms.
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Industry Overview in Austria
The e-signature industry in Austria, part of a broader European market, has witnessed significant growth due to increasing digitization and regulatory support. Enhanced efficiency and security in document signing processes have becom
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European Super Angels Club
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in 2023
in a Series A deal
Disclosed details
Transaction Size: $3M