Amount Raised
$16 Million
Round Type
Funding Round
Investors
Description
Contract governance is the steps taken to make sure agreed-upon terms between a company and its suppliers are met. It’s an essential part of doing business, and the consequences for getting it wrong can be steep. McKinsey estimates that poor contract governance can cost organizations up to 9% of their total revenue, which equates to $1.4 trillion for the Fortune 500 alone and $6.4 trillion across all enterprise business-to-business companies.
Quick answer
Terzo raised $16 Million in a Funding Round round, dated November 17, 2022. Investors: Human Capital, Engage Ventures, Tyh Ventures and Align Ventures. Terzo is based in Los Angeles, California, United States.
- How much did Terzo raise?
- Terzo raised $16 Million in a Funding Round round on November 17, 2022.
- Who invested in Terzo?
- Human Capital, Engage Ventures, Tyh Ventures and Align Ventures are named as investors in this round.
- What does Terzo do?
- Terzo is an intelligent CLM built from AI-powered technology that unlocks important financial insights hidden in your contracts.
- Where is Terzo based and how big is it?
- Terzo is based in Los Angeles, California, United States. Fundz records about 160 employees.
Source: Fundz verified event record.
Who else raised in Fintech and information technology & services around the same time
Companies in the same sectors as Terzo that raised within 45 days of this round, from Fundz verified event records.
- Drivetrain AI raised $15M (Funding Round) on October 18, 2022.
- OpenLoop raised $368K (Seed) on December 28, 2022.
- Exyn Technologies raised $35M (Funding Round) on December 23, 2022.
- EvolutionIQ raised $7M on December 22, 2022.
- Katonic.ai raised $1.6M (Seed) on December 22, 2022.
- Payabli raised $12M on December 22, 2022.
Who to call at Terzo, and when
A new round usually means Terzo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Terzo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Terzo, from your own LinkedIn network
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Fundz sees it the moment Terzo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Terzo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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