LinkSquares benefits from legal tech boom with fresh $100M –

▤ Summary

“[We] think that … there’s an opportunity to build more products that the entire legal team can use in areas like intellectual property management, outside counsel, [and] governance risk compliance.” Founded in 2015, LinkSquares was inspired by Sunak’s and Chris Combs’ work with contracts and due diligence over the course of a company acquisition. Unaffiliated, earlier research from the Blickstein Group suggests that most organizations track only basic contract management metrics like volume by customer, partner, program type and geography. Leveraging AI and “the expertise of top legal customers,” LinkSquares helps companies to write contracts, analyze what’s in existing documents and collaborate with other teams across the organization, Sunak says. We see the company’s success to date has stemmed from its best-in-class financial metrics and win rates,” Spencer McLeod, G Squared partner and head of research, told TechCrunch. Only then can improvements to contract value be realized through cost reduction and revenue enhancements — a message LinkSquares will have to communicate clearly as it looks to retain and grow its customer base.

▦ Linked Companies

LinkSquares

$25M to $50M

Icertis

$25M to $50M