Linksquares Announces $40 Million In Series B Funding Led By Sorenson Capital

LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, today announced it has raised $40 million in Series B financing led by Sorenson Capital. New investors Catalyst Investors, Xerox, Bottomline Technologies, DraftKings’ founders and key legal and compliance executives, as well as existing investors Hyperplane Venture Capital, MassMutual Ventures, First Ascent Ventures participated in the round. Sorenson Capital Partner Brady Broadbent and Bottomline Technologies (NASDAQ: EPAY) General Counsel Danielle Sheer are new appointments to the LinkSquares Board of Directors. The company has raised $61.4 million to date, and will use the financing to expand its team, advance the LinkSquares technology and develop new strategic business partnerships.