BGF has made a multimillion-pound investment in Bristol-based eSignature software company Signable, backing its next stage of expansion.
The funding will be used to broaden the product, add commercial leadership and extend Signable's reach beyond its established small and medium-sized business customer base into the UK mid-market. BGF will work with the management team as the business develops further partnerships and integrations.
Growth plans
Founded in 2012, Signable sells software that lets businesses send, sign and manage documents online. Its customer base spans regulated and document-heavy sectors, including legal, property and financial services, where clear audit trails and compliance features are essential.
The company has grown organically since launch and built a diversified customer roster, including Allegiant, Smart Pension, Drewery Property Consultants, Aardman and Krispy Kreme.
The investment also marks a push into qualified electronic signatures, a part of the market aimed at more complex use cases and stricter compliance requirements. The move is intended to deepen Signable's presence in regulated sectors while it continues to serve smaller businesses.
BGF is one of the UK and Ireland's most active growth capital investors, focusing on minority equity stakes in growing businesses. It has invested more than £4.9 billion in about 650 companies since it was established.
Product focus
For Signable, the funding brings in external capital after more than a decade of organic development. The business has built its position around a software platform designed to make digital document signing simple for companies that need to move paperwork online without losing oversight of process and compliance.
"We've built Signable by staying close to our customers and focusing on what actually matters to them, creating digital signing experiences that are human, intuitive, and genuinely helpful," said Olly Culverhouse, Founder and Chief Executive Officer, Signable.
He said the investment would support a broader expansion programme.
"This investment allows us to build on the strong foundation we've created. With BGF's support, we can invest further in our product, our people, and our commercial capabilities as we expand into new markets and support a broader range of organisations. It was important to us to partner with an investor that understands both what we do and the culture we've built, and BGF brings that understanding alongside valuable experience supporting software companies as they scale. They share our long-term vision for the business as we enter our next phase of growth. We're excited to be working together," added Culverhouse.
Market demand
The deal was led at BGF by Edwin Davies and Hannah King. Davies said the investor sees favourable conditions for providers of digital signature tools as more organisations move document processes online and regulators accept electronic execution in a wider range of settings.
"Signable is well-positioned to benefit from ongoing digitalisation and increasing regulatory acceptance of electronic signatures. The business has built a strong market position among SMEs that prioritise simplicity, transparency and compliance. With a robust SaaS platform, loyal customer base and clear roadmap, Signable is well equipped to scale further. We're delighted to partner with the team as they continue to expand their reach," said Edwin Davies, Investor, BGF.
Expansion push
The transaction underlines continued investor interest in software companies serving operational and compliance needs rather than discretionary technology spending. For businesses in areas such as property, legal services and financial services, electronic signing has shifted from a convenience feature to a routine part of contract, onboarding and approval workflows.
Signable's model has centred on transparent pricing and responsive customer support, alongside software that customers can adopt without extensive internal development work. That approach has helped it build long-term relationships across a mix of sectors while remaining headquartered in Bristol.
With fresh backing from BGF, the company is preparing for a new phase that combines product development with a broader sales push into larger UK organisations. Its focus on qualified electronic signatures suggests Signable wants to compete for more complex and regulated document processes as adoption of digital signing continues to spread across the economy.