After Rapid Expansion, Notarize Hires New CFO

Remote notarization startup Notarize announced on Monday that it had hired a new chief financial officer to help steer the company through what it described as an “inflection point.”

Kartik Ramachandran

Kartik Ramachandran joins Notarize after serving as a senior executive at several well-known companies including Groupon, Activision Blizzard, Splunk and others. A statement notes that while at Groupon, he was “credited for his key role [in] leader of Groupon’s IPO. Immediately before joining Notarize, Ramachandran was the founder of the Catahoula collective, which among other things manages investment properties.

The statement adds that at Notarize Ramachandran “will be responsible for guiding the company’s investments to further accelerate high-growth innovative initiatives across the company.”

Ramachandran also praised Notarize in the statement.

“Notarize’s trajectory and the pace at which it has achieved a leadership position in a bridgehead to the future of commerce is impressive to say the least,” he noted. “As we have adapted to a digital world over the past two years in particular, Notarize stands out as a model company with both the foresight and the ability to respond seamlessly to the rapidly changing needs of businesses and consumers. consumers.”

The statement goes on to say that Ramachandran joins Notarize “at an inflection point in the maturation of the business as the platform continues to see rapid adoption in real estate, financial services, automotive, insurance and other sectors”.

Ramachandran’s hiring comes just four months after Notarize named David Razon as chief human resources officer and Derek Knudsen as chief technology officer. These hires came after years of rapid growth for Notarize, fueled in part by the coronavirus pandemic and the resulting need for remote real estate services.

Spring 2021 also saw Notarize raise $130m in Series D funding and open its platform to independent notaries.

Additionally, last week, Notarize hired Eddie Oddo as Vice President of Service and Strategic Settlement Strategy. An email from the company describes Oddo as a senior executive who “leads the business development team responsible for accelerating the adoption of Notarize’s online notarization platform in the real estate industry.”

Notarize works with companies in a range of industries and, among other things, connects users to a notary via video conference. Technology eliminates the need to meet a notary in person.

pat kinsel

In Monday’s statement, Notarize Founder and CEO Pat Kinsel said the company ultimately selected Ramachandran to serve as CFO when it “became clear after countless conversations” that “he is both passionate and capable of building an exceptional and sustainable business”.

“The best companies in the world have finance teams that are constantly evolving and passionate about understanding all aspects of business,” added Kinsel, “and we believe Kartik is the person who will help Notarize achieve our mission. short-term and long-term goals effectively and efficiently.

Email Jim Dalrymple II

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