Keith Rabois

HelloSign raises $16 million for its e-signature business

HelloSign dashboard

Whether you’re leasing an apartment, buying a car, or filing your taxes, you’ll need to sign an official document at some point in your life. HelloSign wants to bypass faxes and snail mail by digitalizing the process with its e-signature service and today announced funding of $16 million, led by Foundry Group and Zach Coelius, former founder and CEO of Triggit. Other existing investors that joined the round include Greylock Partners and Keith Rabois.

“There are certain laws and regulations that still deem a ‘wet’ signature on paper is required,” wrote HelloSign cofounder and CEO Joseph Walla, in an email to VentureBeat. “But these rulings were written before the advent of e-signature, and most agree that they need to change to allow for the easier, safer, and more secure e-signature options.”

The San Francisco-based startup claims to have 53,000 customers worldwide — including Lyft, Instacart, Samsung, and Time Inc. — which use…