Dropbox Sign

Dropbox Sign

HelloSign offers fast, secure, and legally binding eSignatures for businesses.

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$230m

Valuation: $230m

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Total Funding000k
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Dropbox Sign, originally established as HelloSign in 2010 by Joseph Walla and Neal O'Mara, provides a platform for electronic signatures and document workflow automation. The founders, who participated in the Y Combinator accelerator program, initially created HelloFax with the goal of developing a paperless office, which later evolved to include e-signature capabilities, leading to the creation of HelloSign. The company's trajectory includes a significant milestone in January 2019, when Dropbox acquired it for $230 million, aiming to integrate these workflow features and expand its presence in the enterprise market.

The company's business model is subscription-based, offering several tiered plans to cater to a diverse client base, from individuals and small businesses to large enterprises. Revenue is generated through monthly or annual fees for plans like 'Essentials' and 'Standard', which offer varying levels of features such as the number of templates, custom branding, and team management tools. A premium, custom-priced plan is available for large organizations requiring advanced security and compliance, such as HIPAA. Dropbox Sign also offers a free plan with limited signature requests and API plans for developers to integrate e-signature functionalities into their own applications.

The core service centers around legally binding eSignatures, allowing users to send, sign, and track documents digitally. Its product suite includes Dropbox Sign for e-signatures, Dropbox Forms (previously HelloWorks) for mobile-friendly document workflows, and Dropbox Fax (previously HelloFax) for online faxing. Key features of the platform include an audit trail for legal compliance, status notifications, document templates, and secure storage. The platform integrates with numerous third-party applications like Google Drive, Salesforce, and Microsoft Word, enabling users to manage document processes without switching between applications. The service is designed to streamline critical business transactions for various sectors, including real estate, sales, and human resources, by simplifying tasks like onboarding new hires or closing deals.

Keywords: eSignature, digital workflow, document management, electronic signature, contract management, online fax, document automation, API integration, legally binding signatures, workflow automation, digital transaction management, paperless office, Dropbox Forms, HelloFax, business productivity software, document signing, compliance tracking, secure document sharing, form automation, embedded signing

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