Notarize
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Notarize was a Boston-based legal-tech company founded in 2015 that pioneered remote online notarization, connecting signers with licensed notaries over recorded video sessions through a web and mobile platform. It raised $213 million, peaked at a $760 million valuation, and hit $374 billion in facilitated real estate closings. In August 2023 it rebranded as Proof, and it continues to operate under that name.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Notarize is founded in Boston in 2015 as a remote online notarization platform.
- Workforce reduced
As the post-COVID demand surge cools, Notarize lays off 25% of its workforce in June 2022.
- Restructuring completed
After layoffs and new debt financing, Notarize rebrands as Proof in August 2023 and continues operating the platform.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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