Cartavi Acquired By Docusign

May 15, 2013

Point B Capital wants to congratulate Glenn  & the Cartavi team on their successful exit. We are excited to share the news after our early involvement where we helped the Cartavi team better position themselves for growth and funding.  Below are highlights from the press release:

 "DocuSign, The Global Standard for eSignature®, and the official and exclusive eSignature provider of the National Association of REALTORS®, announced it has acquired Cartavi, a leading provider of collaboration services for real estate transactions. This combination, along with a deeper integration with existing partner, zipLogix, will create a superior, ‘one-stop-shop’ experience for brokers, agents, buyers, and sellers, and for their REALTOR® associations and multiple listing services. The joint solution from DocuSign, Cartavi, and zipLogix will empower users, for the first time, to easily and securely manage end-to-end real estate transactions – anytime, anywhere, on any device - complete with forms, collaboration, and eSignature in one.

DocuSign’s acquisition of Cartavi comes after an 18-month strategic partnership where the companies developed joint solutions to help real estate professionals accelerate speed to results, reduce costs, and delight clients. DocuSign’s deeper partnership with zipLogix builds upon an existing nine-year integration where zipLogix customers have been able to DocuSign directly from zipForm. Now, customers will be able to use all three industry-leading products in combination over the web, on tablets, and mobile phones. Further integration is planned to make it even easier for all parties involved in real estate transactions to close deals faster.

“Our mission when we established Cartavi was to fundamentally improve outdated and hard-to-use real estate transaction management technology,” said Glenn Shimkus, CEO and co-founder, Cartavi. “We simplified the experience by taking a cloud-based, mobile-first approach that supports the busy, on-the-go lifestyle of real estate professionals and the tremendous complexity of their transactions.”

Chicago-based Cartavi has pioneered the next generation of real estate transaction management with cloud-based collaborative solutions that empower real estate agents to complete transactions entirely in the cloud. Unlike traditional transaction management platforms, Cartavi and DocuSign allow even a single agent to get started, on their own, and then easily expand usage to other agents and offices as needed."