Notarize signs off on 25% staff reduction, admits challenging fundraising environment

Notarize, a startup that offers remote online notarization services, has let go of 110 people — or 25% of its workforce.
Doing the math, the 7-year-old, Boston-based company had about 440 employees before the staff reduction.
When the COVID-19 pandemic first began, demand for Notarize’s services, dubbed RON for short, skyrocketed as people were confined to their homes. This was especially true in the case of people purchasing, or refinancing homes — considering that at that time mortgage interest rates were at near-historic lows. Being able to get documents notarized “online, anywh

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