Hustler Words – Agree.com, a rapidly growing AI-powered e-signature platform, announced today it has secured a $7.2 million seed round, exceeding its target and attracting a diverse range of investors. This follows a successful $3 million pre-seed round last year. The funding round was led by Tyler Hogge at Pelion Venture Partners, with participation from Blank Ventures, angel investor Gokul Rajaram, and all existing investors, including Better Tomorrow Ventures. The company’s innovative approach, offering free e-signatures while monetizing through integrated invoicing and payment processing, is poised to challenge industry giants like DocuSign and Bill.com.
Founded in February 2024, Agree.com has already amassed over 25,000 users in just months, including notable clients such as Beehiiv, Product Hunt, Rho, TaxGPT, Brico, and Thoropass. This impressive growth trajectory is attributed to its unique value proposition: a seamless, AI-driven platform that combines e-signatures with automated invoicing and payment processing. The platform leverages advanced OCR and AI to intelligently extract data from contracts, dynamically generate invoices, and streamline the entire payment workflow.
"At the end of almost every signature, someone has to pay someone money," explains Marty Ringlein, CEO and co-founder of Agree.com. "We’re combining historically disjointed workflows to make signing better and payments faster." This integrated approach allows Agree.com to offer a comprehensive solution, potentially replacing the need for separate e-signature and invoicing software.
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The company’s free e-signature offering serves as a powerful acquisition tool, attracting users and driving adoption. Revenue is generated through transaction fees on payments processed through the platform, and a premium offering for larger teams. This innovative business model, described by Pelion Venture Partner Tyler Hogge as "truly unique," is a key differentiator in a crowded market. Hogge further noted that this strategy makes it difficult for incumbents to compete effectively.
Agree.com’s experienced leadership team, boasting a history of successful startup exits, adds to its credibility. The founders, including COO Will Hubbard and CTO Evan Dudla, have previously sold multiple companies to major players like Twitter, Eventbrite, and Brex. Their expertise and proven track record provide a strong foundation for future growth.
With plans for international expansion later this year, targeting the UK, Canada, and Australia, Agree.com is well-positioned to capitalize on its momentum and disrupt the e-signature and payments landscape. The company’s rapid growth, innovative technology, and experienced leadership team suggest a bright future for this ambitious startup.
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