Innovation, Startups and Venture Capital in Iceland

Taktikal closes $2M investment from Brunnur Ventures

The Taktikal and Brunnur teams

Taktikal, a developer of digital trust solutions, announced that Brunnur Ventures invested $2M into the company. Taktikal provides enterprise-grade electronic signature solutions that allow companies to automate and streamline processes that require identification, authentication and authorisation.

According to a press release the new funding will accelerate international sales expansion of the Company’s e-signature software suite into the global SME market, where the company claims ad hoc, low security, home-baked processes are pervasive today.

“People are commonly emailing sensitive documents such as passport and driver’s license scans in a highly insecure way. Taktikal brings out-of-the-box enterprise-grade document signing and other processes to a vast potential customer base of corporates needing to provide best-in-class workforce and customer onboarding experiences, and driven by increasing security, as well as AML, KYC, PEP and sanctions requirements.” Says Valur Gunnarsson, CEO and co-founder of Taktikal.

“To be successful, businesses must find ways to streamline operations and reduce administrative bottlenecks. Taktikal offers an outstanding service to meet these needs,” commented Kjartan Olafsson, Investment Manager at Brunnur Ventures who will take a seat in Taktikal’s board, “We believe that a transformation is overdue in this space akin to the revolution we’ve seen in many other workflow areas such as CRM and project management.”

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