DocuSign, a publicly owned company headquartered in Canada, was founded in 2003, with an estimated 7,810 employees, and reported $3.2B in revenue as of 2026. The company specializes in software development, providing solutions that enable organizations to connect and automate the preparation, signing, actioning, and management of agreements.
Tidal Investments LLC reduced its stake in DocuSign Inc. by 35.4% during the second quarter, according to the company's most recent disclosure with the Securities & Exchange Commission. Previously, on September 15, DocuSign founder Court Lorenzini joined Equity Angels, Wells Fargo, and Skillsheet to address go-to-market challenges and discuss how companies can gain attention amid buyer fatigue from automated sales in an "AI Slop" market. Earlier that day, DocuSign's second-quarter earnings call highlighted AI-led growth momentum, with revenue up 9% year-over-year to $876 million. The company reported a 32% operating margin and nearly $300 million in free cash flow, which funded over $300 million in share repurchases. Adoption of its Intelligent Agreement Management (IAM) accelerated, accounting for 15.1% of total ARR in Q2, up from 12.6% in Q1, as management emphasized IAM's AI-native architecture.
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