BOSTON, MA, airSlate today announced the closing of $40 million in additional investment led by Morgan Stanley Expansion Capital.
airSlate, a leader in no-code business automation solutions, today announced the closing of $40 million in additional investment from leading growth investors for a total of $80 million in capital raised to date. The financing will be used to bolster sales to over $100 million ARR in 2021 with a focus on expanding product functionality and integrations for additional use cases, building up the sales and marketing organization, and entering new international markets. Morgan Stanley Expansion Capital, General Catalyst and HighSage Ventures recognized airSlate's opportunity to expand the market reach of its workflow automation, e-signature, and document management solutions for small and mid-sized businesses.
airSlate is a global SaaS technology company that serves tens of millions of users worldwide with its no-code business process automation and document management solutions. The company's PDF editing, e-signature workflow, and business process automation solutions empower users to digitally transform their businesses to run faster and easier. airSlate, pdfFiller, signNow, and USLegal make up the company's portfolio of award-winning products.
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