VirtualSignature

What VirtualSignature does

VirtualSignature, operating commercially as VSiD (legal entity Virtual Signature ID Validate Limited), is a UK-based SaaS provider of cloud-based digital transaction management and onboarding systems serving regulated end markets. Founded in 2014 and headquartered at Chancery Lane, London with an additional sales office in Maidenhead, the company sells the VSiD OneConnect platform — an integrated suite combining eSignature (with proprietary SmartTags for embedding signature, initials, date, checkbox, and witness tags across Word, Excel, and PDF documents), remote ID and 3D liveness biometric verification, KYC/KYB/AML screening (PEP, sanctions, adverse media, director and company ownership checks), dynamic SmartForms automation, SmartPay bank and source-of-funds verification, and SecureMail delivery.

The platform is exposed both via a self-serve OneConnect web portal and a fully documented RESTful API (OAuth/session authentication, webhooks, 60 requests/minute rate limit), enabling customer integration into case management systems such as Proclaim and planned ERP environments (Salesforce, SAP, ServiceNow). Compliance credentials relevant to regulated buyers include UK Digital Identities & Attributes Trust Framework certification, ISO 27001, ICO eIDAS2 (supporting Advanced and Qualified Electronic Signatures), GDPR/ICO registration, and FCA compliance via affiliated entity Finexer Ltd (firm ref 925695).

The company monetizes through recurring monthly subscription licences denominated in transaction credits across SmartSign, SmartCheck, ID Validate and SecureCode SMS products, with fair-use terms governing consumption. GTM combines a self-serve/PLG motion (free trial and demo) with consultative direct sales into UK regulated verticals — legal services, accountancy and financial advisory, local authorities and public sector, banking/insurance/fintech, HR, and commercial business — augmented by channel partnerships with IT integrators (e.g., Getronics) and legal-technology resellers (e.g., Document Direct, Zeus Tech). Reported headcount is 1–10 employees, and the company has raised one disclosed (undisclosed amount) investment from Endeavour Ventures Limited in August 2023.

Name

VirtualSignature

Legal name

Virtual Signature ID Validate Limited

Website

https://virtualsignature.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

VirtualSignature (VSiD) is a UK-based SaaS provider of an all-in-one eSignature, digital ID verification, KYC/AML screening, and SmartForms platform serving regulated sectors including legal services, accountancy, local authorities, banking, and insurance across the United Kingdom.

Ownership category

akta.pro rank

Product category

Digital Transaction Management

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Verifiable Credentials & Attestations (VC issuance/verification, credential registries) (FSAPACAH)

akta.pro secondary industry

Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL)

Keywords

• Electronic signature software
• Identity verification platform
• KYC AML screening
• Digital onboarding solutions
• E-witnessing services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription / Credit-Based Licensing: Customers are licensed with transaction credits (SmartSign, SmartCheck, ID Validate, etc.). Licences define credit volumes and fair usage terms. This is a recurring subscription model with credit-based consumption.
2. Usage-Based Credits: Transaction-based consumption where each eSignature, ID verification, KYC check, and SMS notification consumes a credit from the account licence. SmartCheck preset profiles consume varying credit levels depending on depth of check.
3. API Access: API access provided via application keys, with rate limits of 60 requests per rolling 60-second period per user email. Integrated into customer workflows as a platform component.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

VirtualSignature (VSiD) sells a cloud-based digital transaction management platform that combines electronic signatures and eWitnessing, remote identity verification with 3D liveness detection, KYC/KYB/AML screening, fraud detection, and dynamic SmartForms automation for regulated UK sectors. Customers consume credits from monthly licences to run signature, identity, due diligence, and payment workflows, either through a self-serve web portal, embedded iframe signature blocks, or RESTful API integrations into legal, accountancy, and enterprise systems.

Product overview

VirtualSignature (operating as VSiD Verify) offers an all-in-one digital onboarding and transaction management platform primarily for regulated sectors including legal, accountancy, banking, insurance, and local authorities. The core platform, VSiD OneConnect, unifies eSignature and eWitnessing capabilities with remote identity verification, KYC/KYB/AML screening, fraud detection, and dynamic SmartForms. The portfolio consists of the main VSiD Verify platform with integrated modules for eSignatures & eWitnessing, Remote ID & Liveness Verification, Advanced KYC/KYB & AML Screening, SmartForms, SecureMail, and Bank Ownership/Funds verification. SmartSign is the eSignature application component used within the platform, while the API enables programmatic access to all core functions. The platform is certified against UK Digital Identities & Attributes Trust Framework and supports both Advanced Electronic Signatures (AES) and Qualified Electronic Signatures (QES).

Differentiator

Problem solved

Functional benefit

Brands

• OneConnect: Platform for document signing and customer onboarding automation, providing real-time tracking, chase reminders, and decision-making tools.
• VSiD Verify
• VSiD eSignature
• SmartForms

Products and services

• VSiD Verify / VSiD OneConnect platform All-in-one digital onboarding and document transaction management platform that automates document signing and customer onboarding with real-time tracking, chase reminders, and 24/7 decision-making tools, targeted at UK regulated sectors such as legal, accountancy, local authorities, banking, insurance, fintech, HR, and commercial business.
• eSignatures & eWitnessing Reverifiable electronic signature solution that enables users to sign, witness, and exchange legally binding documents online; supports AES and QES, time-stamping, and includes regulated witnessing with 2FA and strict witness/signer location matching.
• Dynamic & Intelligent SmartForms Dynamic form builder enabling intelligent, configurable data collection workflows for customer onboarding, claims processing, HR forms, and legal document intake, with send-and-return capability and integration into the VSiD signing and verification journey.
• Remote ID & Liveness Verification Online identity verification service that confirms user identity through 3D liveness detection, biometric face recognition, and ID document authentication, including ePassport NFC reading and right-to-work / right-to-rent checks; built-in anti-spoofing protects against identity fraud and account takeovers.
• Advanced KYC, KYB & AML Screening Comprehensive Know Your Customer and Know Your Business checks with Anti-Money Laundering screening, including PEPs and sanctions, adverse media screening, criminal record checks, and enhanced due diligence reports across multiple configurable profile levels.
• Bank Ownership & Funds Check (SmartCheck Source of Funds) Bank account ownership verification and source-of-funds checking service, with SOF1 / SOF2 SmartCheck profiles confirming the origin of funds for compliance purposes as part of the onboarding workflow.
• Director & Shareholder ID Checks Identity verification checks specifically targeting company directors and shareholders as part of KYB compliance, including company reports, director checks, and Persons of Significant Control (PSC) verification.
• SecureMail Secure document transmission service enabling users to send up to 12 documents to a single party for receipt only, with audit trails for sensitive document exchanges.

Named customers34 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature12 records

Partnerships

Three partnerships are on record, tiered core.

• GetronicscoreChannel Partner/ Reseller/ DistributorGetronics, an IT integrator, has entered a partnership to promote VSiD's eSignature and digital verification solutions to its enterprise customers. Getronics sees great potential in VSiD's proposition aligning with customers' demands for process automation and digital transformation. Several projects are in the pipeline with further integrations planned for ERP applications including Salesforce, SAP, and ServiceNow.
• Document DirectcoreChannel Partner/ Reseller/ DistributorDocument Direct, a legal technology provider, evaluated VSiD SmartSign and entered a partnership to both use the solution internally and promote it to other law firms as a reseller. Document Direct provides access to a trial system and promotes SmartSign to its network of law firms.
• Zeus TechcoreTechnology or IntegrationZeus Tech collaborated with VSiD to deploy SmartSign eSignature as part of a workflow process integrated into the Proclaim case management system for Jones Kinvig Lawyers. The partnership combines VSiD's SmartSign application with Zeus Tech's integration expertise for Proclaim deployments.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/virtualsignature
• Xx.com/virtualsig
• Facebookfacebook.com/VirtualSignatureLimited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VirtualSignature