Contractpodai Raises $115M In Growth Funding Led By Softbank Vision Fund 2 To Shape The Digital Transformation Of The Legal Industry

Sep 30, 2021•almost 4 years ago

Amount Raised

$115 Million

London

Description

ContractPodAi, the award-winning provider of the AI-powered contract lifecycle management (CLM) led 'One Legal Platform', today announced a USD $115 million Series C investment headed by SoftBank Vision Fund 2. This latest round saw ContractPodAi's valuation increase 5x from its previous Series B round in 2019. As part of the transaction, Ayush Jain of SoftBank Investment Advisers will join the ContractPodAi Board. Proceeds from the round will go towards further accelerating ContractPodAi's platform capabilities and expanding its market presence internationally, leveraging SoftBank's networks to capture new opportunities in the APAC region

Company Information

Company

Contract Pod Ai Technologies

Location

London, Ontario, Canada

About

Well-established as the leader in end-to-end contract lifecycle management, ContractPodAi harnesses the unrivaled AI power of IBM Watson and Microsoft Azure for leading corporations around the world. Now, the platform's robust, intuitive, and easy-to-use capabilities have been extended to handle the entire, end-to-end legal lifecycle – any use-case, any document type, any scenario. ContractPodAi Cloud amplifies your business's readiness through our partnerships with complementary technology providers including IBM, Microsoft, DocuSign, and Salesforce. ContractPodAi® is headquartered in London and has global offices in San Francisco, New York, Glasgow, Chicago, Sydney, Mumbai, and Toronto. More information is available at ContractPodAi.com. ContractPodAi is the recipient of several awards and has been named a Visionary in the 2021 Gartner Magic Quadrant report for Contract Lifecycle Management. Learn more about ContractPodAi at: https://contractpodai.com Media Contact: Seth LeavittKickstand Communicationsseth@meetkickstand.com(617) 791-7951 Logo - https://mma.prnasia.com/media2/1422361/ContractPodAi_Logo.jpg?p=medium600

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech