Lightico snares $15m in Capital One-backed Series B

US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.

The round also saw participation from Paolim Capital Markets and lool Ventures, Mangrove Capital Partners and Crescendo Venture Partners. This raise brings Lightico’s total Series B raise to $27m.

Founded in 2014, Lightico helps businesses collect forms, documents, e-signatures, photos, consent to disclosure to verify ID instantly, even if they have customers on the phone.

The company’s Digital Completion Cloud enables firms to gather eSignatures, performed ID&V, accept payment and more in a secure manner.

Capital One Ventures partner Adam Boutin said, “Traditional eSign and eContracting solutions weren’t built for the millions of business-to-consumer, consumer-focused interactions that happen every day. Today, companies need to offer start-to-finish journeys that match consumer expectations, allowing them to complete everything from auto loans to insurance claims with just a few clicks on their phone.

“Our investment in Lightico is a result of the demonstrated value of the company’s platform, the rapidly accelerating adoption of Lightico’s Digital Completion Cloud, and its enormous market potential.”

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