202130 Sep

ContractPodAi raises $115M in Growth Funding Led by SoftBank Vision Fund 2 to Shape the Digital Transformation of the Legal Industry

Summary

Proceeds from the round will go towards further accelerating ContractPodAis platform capabilities and expanding its market presence internationally, leveraging SoftBanks networks to capture new opportunities in the APAC region. "ContractPodAis technology aims to empower in-house legal professionals to radically improve business performance such as driving faster revenue recognition, increase compliance adherence and optimise operational workflows. We believe the companys modularized, one platform approach extends way beyond existing Contract Lifecycle Management to capture a vast array of legal use cases across multiple jurisdictions." With the backing of Insight Partners, Eagle Proprietary Investments, and now SoftBank Vision Fund 2, we are ready to win the market by driving digital transformation for our customers with our One Legal Platform approach." ContractPodAi has garnered global attention, including recently being named a Visionary in the 2021 Gartner Magic Quadrant report for Contract Lifecycle Management.

Source: Prnewswire

Funding

$115M
Amount
Sep 30 2021
Date
-
Investor
ContractPodAi
Company

Classifications

Companies