Validated ID is a Spanish company specialized in electronic signatures, digital identity and secure transactions. Since its founding in 2012, it has developed solutions that help companies and organizations verify identities, sign documents and operate in digital environments with security and regulatory compliance.
Index
ToggleCase overview: Validated ID
| Startup | Validated ID |
| Sector | SaaS · Digital identity · Electronic signature |
| Founded | 2012 · Spain |
| Stage | Growth · acquisition |
| TSCFO services | External CFO · Financial due diligence |
| Main challenge | Structuring SaaS reporting and supporting growth through to an acquisition |
| Solution | Reporting · SaaS KPIs · investors · funding · due diligence · sale support |
| Key result | Acquisition by Signaturit Group |
— 01 · STARTING POINT
From the first round to financial order
The Startup CFO started working with Validated ID in April 2020, during the pandemic, following a recommendation from Caixa Capital Risc, which was leading a new investment round.
Validated ID already had good financial controls, but needed a more structured approach to SaaS-specific metrics, especially relevant for funds analyzing recurring revenue models.
During the first months, we built a reporting model with efficiency metrics, cohort analysis and growth-oriented KPIs. From the beginning, two key signals stood out: very high customer retention and strong revenue predictability.
— 02 · WHAT WE DID
Scaling the business with a data-driven financial strategy
From 2021, our role expanded beyond financial modeling. We began supporting Validated ID as external CFO, providing support in reporting, forecasting, investor relations and scenario planning.
Although the company had a strong internal finance team, it needed an additional layer of specialization to translate its metrics into useful information for the board, investors and strategic decisions.
Throughout the collaboration, we helped structure financial information, prepare materials for funding rounds, participate in key meetings and coordinate alternative financing options to support efficient growth.
SaaS reporting
Development of financial reporting with SaaS KPIs, efficiency metrics, cohorts, recurring revenue and visibility for board and investors.
Investor relations
Preparation of materials, financial models and key information tracking to facilitate conversations with funds and stakeholders.
Funding and strategy
Support in funding rounds, forecasts, scenarios and alternative financing options to accompany the company’s growth.
— 03 · CORPORATE TRANSACTION
Supporting the acquisition process
Over the years, the relationship with Validated ID became a long-term strategic collaboration. The accumulated knowledge of its metrics, recurring revenue and financial health allowed The Startup CFO to also support the company during its final acquisition stage.
During the sale process, we led the coordination of the financial due diligence between Validated ID and Signaturit Group, ensuring that the documentation was organized, validated and aligned with the buyer’s expectations.
Our role was to facilitate communication between parties, bring consistency to reports, forecasts and financial statements, and reduce friction in a naturally demanding process.
— 04 · RESULTS
Five years of support through to acquisition
Acquisition
Validated ID was acquired by Signaturit Group after years of growth
Reporting
SaaS KPIs, cohorts and recurring revenue structured for investors
Due diligence
Financial coordination of the sale process and buyer support
The Validated ID case shows how strategic financial management can support a company throughout its journey: from funding rounds and recurring reporting to an acquisition process.
For five years, The Startup CFO was present at key moments of growth, investor relations and financial preparation. The acquisition by Signaturit Group was the result of a company with strong fundamentals, solid recurring revenue and a finance function ready to defend its value.


