- Companies
- InfoCert
InfoCert Valuation, Funding & Investors
InfoCert is valued at $695M as of October 2021.
Last InfoCert valuation
$695M
Undisclosed stage · Oct 2021
Last InfoCert funding round
$116M
Undisclosed stage · Oct 2021
Cumulative funding InfoCert raised
$116M
across 1 funding round
Key investors in InfoCert
Bregal
About InfoCert
InfoCert is a Rome-headquartered provider of digital signature, certified email, and document dematerialization services. It supports Italian businesses, public administrations, and professionals with compliant e-invoicing and archiving solutions under EU regulations.
Founded
2007
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Subscription
Valuation
$695M (Oct 2021)
InfoCert Valuation
InfoCert is currently valued at $695M, based on its undisclosed-stage round in October 2021.
The $116M round was led by Bregal.
InfoCert valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2021 | Undisclosed stage | $695M |
InfoCert Funding History
InfoCert has raised a total of $116M across 1 funding round.
InfoCert funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2021 | Undisclosed stage | Bregal (lead) | $116M | $695M | InfoCert S.p.A., a subsidiary of Tinexta S.p.A., is a leading company in digital trust services, including certified electronic signatures and related cybersecurity solutions. On October 26, 2021, Tinexta announced a binding agreement for Bregal Milestone to invest Euro 100 million in a minority stake via a dedicated capital increase, with Euro 70 million at closing and Euro 30 million within 12 months, potentially up to Euro 130 million. The deal was subject to regulatory approvals including Golden Power authorization and was linked to InfoCert's acquisition of 60% of CertEurope S.A.S. from Oodrive. Bregal Milestone completed the initial Euro 70 million investment on February 3, 2022. The investment supports InfoCert's growth in digital trust and related services. Bregal Milestone, managing over Euro 1.1 billion, focuses on high-growth technology companies and is part of Bregal Investments with over Euro 12 billion in assets under management. Separately, InfoCert exercised an option in September 2025 to acquire the remaining 40% stake in CertEurope for approximately Euro 30.6 million, achieving 100% ownership financed with equity. This followed the 2021 agreement and full consolidation of CertEurope in Tinexta Group's results. |
Who has invested in InfoCert?
1 investor has backed InfoCert across its funding rounds, including Bregal.
Lead investors include Bregal.
InfoCert Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 InfoCert investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by InfoCert
InfoCert has acquired 1 company to date.
Last acquisition by InfoCert was on January 18th 2023. InfoCert acquired Ascertia for $30M.
Latest Acquisitions by InfoCert
| Description | Ascertia is a provider of digital signature creation, verification, eID validation, time stamping, and PKI infrastructure solutions for enterprises. Products secure PDF, XML, Office documents via CMS, CAdES, XAdES, PAdES, and PKCS formats in desktop, server, or web forms. The JITC-certified TrustFinder OCSP Server leads its PKI offerings, complemented by cloud-based SigningHub for e-signatures and collaboration. Based in the United Kingdom, it supports OCSP, XKMS, SCVP, and trial digital certificates. |
| HQ Country | |
| HQ City | Guildford |
| Deal Date | 18 Jan 2023 |
| Valuation | $30M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all InfoCert acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by InfoCert
InfoCert has invested in 1 company to date.
Latest investment by InfoCert was on September 23rd 2021. InfoCert invested in eID easy in their $300K Pre-seed round.
Latest Investments by InfoCert
| Description | eID easy is a Tallinn-headquartered provider of electronic signature solutions tailored for European businesses. It integrates local eID schemes such as Mobile-ID in Estonia, BankID in Sweden, and Itsme in Belgium to enable compliant, user-verified signing without additional authentication steps. The platform supports document workflows for sectors like finance, healthcare, and legal services. Launched in 2018, eID easy processes millions of signatures yearly, partnering with banks and government agencies across the EU. | eID easy is a Tallinn-headquartered provider of electronic signature solutions tailored for European businesses. It integrates local eID schemes such as Mobile-ID in Estonia, BankID in Sweden, and Itsme in Belgium to enable compliant, user-verified signing without additional authentication steps. The platform supports document workflows for sectors like finance, healthcare, and legal services. Launched in 2018, eID easy processes millions of signatures yearly, partnering with banks and government agencies across the EU. |
| HQ Country | ||
| HQ City | Tallinn | Tallinn |
| Deal Date | 23 Sep 2021 | 31 May 2021 |
| Round | Pre-seed | Pre-seed |
| Raised | $300K | $400K |
| Investors | Startup Wise Guys; Gorilla Capital | Startup Wise Guys; Gorilla Capital |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all InfoCert investments and their VC round multiples. Start Free Trial | ||
InfoCert Competitors
InfoCert competitors include listed companies like Fabasoft, Intellinetics and Yext, and private ones like Tezign, LinkSquares and Workboard.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Publicly listed | $104M | $27M | $195M | 1.5x | ||
| Publicly listed | $17M | ($470K) | $24M | 1.4x | ||
| Publicly listed | $447M | $80M | $623M | 1.7x | ||
| Private | $20M | - | $800M | 40.0x | ||
| Private | - | - | $800M | - |
InfoCert Public Comps
InfoCert is still privately-owned, but its public comps include RWS Holdings, Yext, Foxit Software, Vobile, Objective Corp., cyber_Folks, Shanghai Wondertek, CS Disco, cBrain and Fabasoft.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $447M | $80M | 1.7x | 1.7x | 9.4x | 6.1x | |||
| $159M | $13M | 3.4x | 3.0x | 39.8x | 19.8x | |||
| $366M | $63M | 3.1x | 2.6x | 18.0x | 20.1x | |||
| $85M | $33M | 4.1x | 3.7x | 10.9x | 10.1x | |||
| $226M | $72M | 5.1x | 4.3x | 16.1x | 13.0x | |||
| $38M | $3M | 7.2x | - | 80.9x | - | |||
| $157M | ($44M) | 1.1x | 1.0x | (4.0x) | (22.1x) | |||
This data is available for Pro users. Sign up to see all InfoCert competitors and their valuation data. Start Free Trial | ||||||||
Common questions about InfoCert
| When was InfoCert founded? | InfoCert was founded in 2007. |
| Where is InfoCert headquartered? | InfoCert is headquartered in Rome, Italy. |
| Is InfoCert publicly listed? | No, InfoCert is a private, VC-backed company. |
| What is InfoCert's valuation? | InfoCert was last valued at $695M in its undisclosed-stage round in October 2021. |
| How much funding has InfoCert raised? | InfoCert has raised $116M across 1 funding round. |
| What was InfoCert's last funding round? | InfoCert's last funding round was a $116M undisclosed-stage round in October 2021, led by Bregal. |
| Who are InfoCert's investors? | InfoCert's investors include Bregal. |
| Which companies are comparable to InfoCert? | Companies comparable to InfoCert include Tezign, Fabasoft, Intellinetics, Yext, LinkSquares and Workboard. |
| How many companies has InfoCert acquired? | InfoCert has acquired 1 company, including Ascertia. |
| What was the largest acquisition by InfoCert? | The $30M acquisition of Ascertia in January 2023 is the largest acquisition InfoCert has made to date. |
| How many companies has InfoCert invested in? | InfoCert has invested in 1 company, including eID easy. |
| What was InfoCert's last investment? | In September 2021, InfoCert invested in eID easy's $300K pre-seed round alongside Startup Wise Guys and Gorilla Capital. |
See companies similar to InfoCert
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




