Prisidio Digital Vault Platform Raises Additional $ 3.5 Million in Seed Funding to Help Store and Share Life’s Most Important Information

The Prisido platform stores wills, mortgage deeds, vaccination records, tax documents, etc.

CHICAGO, October 11, 2021 (GLOBE NEWSWIRE) – Prisidio, a digital safe that allows users to securely store, organize and share life’s most important information in one place, today announced additional $ 3.5 million in seed funding of dollars. The tour was led by Chicago Businesses, with the participation of previous investors OCA Ventures and Original companies. With this investment, Prisidio has raised a total of $ 6.85 million in seed funding.

Recent natural disasters and the continuing toll of COVID-19 have highlighted how important it is to be able to quickly and easily access critical personal documents and information. The Prisidio platform is a digital safe that will allow users to identify and store important and disparate documents, contact details of people critical in their lives, as well as inventories and locations of physical and valuables. digital, both financial and sentimental. Prisidio will start rolling out its product to friends and family next month and plans to launch a public beta in early 2022.

Co-founded by two serial entrepreneurs, CEO Glenn Shimkus and Marketing Director Paul Koziarz, Prisidio leadership brings 50 years of combined experience in document management. Prior to launching Prisidio, Shimkus and Koziarz were co-founders of Cartavi, a provider of collaboration services for real estate transactions. Cartavi was also funded by Chicago Ventures and OCA Ventures in 2012, and was acquired by DocuSign in 2013. Following the acquisition, Cartavi became the foundation of DocuSign Rooms, the popular documentation management platform for complex transactions.

“Searching for vital personal information and documents is time consuming and frustrating, especially when you need to find it quickly – and that’s if you can even remember where to look,” Shimkus said. “Prisidio is changing all that with a centralized, secure solution that allows individuals and families to store, organize and share their most important personal documents and information to collaborate and prepare for whatever the future may hold. to bring. Our platform makes it easy, for example, to take a picture of your watch or your grandmother’s pearl necklace, and add a video note explaining why the item is important to you.

Launched in 2022, Prisidio’s digital safe will provide users with the following benefits:

  • Peace of mind: Users can rest easy knowing that their documents such as wills, legal agreements, medical records, birth certificates, tax records, mortgage and rental documents, etc. are stored in a safe and secure place.

  • Superior organization: Prisidio makes it easy and painless to keep track of physical, digital and crypto / NFT assets via video recordings, photos and associated documentation, as well as the exact location where they are stored.

  • Simple and secure sharing: Users can invite others to their digital vault and have full control over what those people can see and do. Plus, when you invite someone to your Prisidio Vault, you’ll have full visibility to see exactly what they’ve done in your Vault.

  • Very accessible: Prisidio is available via desktop and mobile phone, so important documents and information can be accessed quickly and easily at any time.

  • Quick integration: Users can quickly get started with the Prisidio mobile app and immediately start downloading documents, images and other important items.

“A global pandemic and an endless series of natural disasters have taught us the importance of preparing for the unthinkable, and Prisidio helps alleviate the stress that comes with the chaos of locating and organizing important assets,” said Rob Chesney, partner at Chicago Adventures. “Chicago Ventures is thrilled to help create a product that will help everyone through all stages of their lives. We are excited to partner with Glenn and Paul again as we believe they are world class entrepreneurs working to meet an important global need.

In addition to Chicago Ventures leading the round, Second Century Ventures, the venture capital arm of the National Association of REALTORS® (NAR), participated as a strategic investor. Prisidio is focused on helping individuals and families prepare for life’s events and there are few things more important than buying a new home.

“Recognizing the importance of securing all documents, assets and people involved in homeownership, we are delighted to announce this strategic investment in Prisidio,” said Bob Goldberg, CEO of NAR. “I had the great pleasure of knowing Glenn through Cartavi, which he sold to DocuSign, as well as over the past several years during his tenure as vice president of innovation at NAR. We have immense confidence in his ability to identify market trends and build powerful teams and we are delighted to support this new venture. “

The funding will be used to continue building the Prisidio platform and further accelerate its growth in preparation for a 2022 launch. The company also plans to double its workforce to 40 people by the end of next year. .

For more information on Prisidio, visit www.prisid.io.

About Prisidio
Prisidio is a cloud-based digital safe that provides a centralized and secure solution for individuals and families to store, organize and share their most important documents and information. Users can securely and easily store wills, legal agreements, mortgage deeds, medical records, birth certificates, and more. Prisidio helps users prepare for expected and unexpected life events. Find out how Prisidio organizes your life at www.prisid.io.

About Chicago Ventures
Chicago Ventures is a seed venture capital fund focused on catalysing and partnering with the next wave of innovative technology companies in Chicago and the Greater Midwest. Chicago Ventures partners with startups to provide them with their first round of institutional funding and work with them to be successful. To learn more about Chicago Ventures, visit www.chicagoventures.com

About Second Century Ventures
Second Century Ventures is the world’s most active real estate technology fund and serves as the strategic investment arm of the National Association of REALTORS®. SCV relies on more than 1.4 million members of the association and an unrivaled network of leaders to help evolve its portfolio companies in the sectors of real estate, financial services, banking, home services and insurance. SCV manages the award-winning REACH technology scale-up program. For more information visit www.scv.vc.

Media contact
Hayleigh criss
[email protected]


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