Diligence memo · auto-generated · as of July 2, 2026
Docusign, Inc.
Docusign, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Docusign, Inc. operates in AI / ML, based in SAN FRANCISCO. Create, commit to, and manage your agreements all in one platform with Docusign IAM. Electronically sign for free.
Sub-sector tags: ai/ml.
Capital & rounds (filed)filed
Docusign, Inc. has raised $477M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $233M on 2015-04-30.
Most recent recorded round closed around 2020-07-06.
Valuation (modeled)modeled
Provath models Docusign, Inc. at approximately $1.5B (range $206M–$3.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.27× the median modeled value of Series D+ AI / ML companies in 2019–2021 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 6.0 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 6.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: GrubMarket, Inc., Highspot, Inc., Amplitude, Inc., Tanium Inc., Osmosis Holdings, LP.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.