Having recently raised $115 million in Series C investment from the VC firm, Wiggers Ventures, ContractPodAI is one of the fastest growing startups in the Artificial Intelligence fueled platform space. This company has set a number of records in their sales quarters and has global attention for their innovation.
Raising $115 million in Series C investment
Earlier this year, ContractPodAi Technologies announced that it had raised $115 million in Series C funding. It was the first legal tech company to secure funding, and its funding was led by SoftBank Vision Fund 2. This is the company’s second round of funding, with $55 million invested during its Series B round in July. It also plans to use the money to expand its market presence internationally.
The company offers a versatile platform that can handle any document type. It integrates with DocuSign and IBM Watson, and it offers “guided” forms, templates, and analytics. It also boasts outposts in New York, Glasgow, and Mumbai. It offers an end-to-end contract lifecycle management solution. It has also been named a “Visionary” by Gartner, the tech research firm. ContractPodAi was also recognized with a “AI Breakthrough Award” and a 2021 International Business Awards “Legal Company of the Year”.
The company has more than 200 employees and has offices in New York, Toronto, and Glasgow. Its content is available through LexisNexis(r) and Bloomberg Law.
Record-setting sales quarters
Using AI to simplify the contract lifecycle, ContractPodAI is a contract management software startup with offices in New York and London. They offer templates, analytics, and guided forms. They also integrate with DocuSign, IBM, and Microsoft. The company serves clients across every continent. It is an award-winning company, having been named the Legal Company of the Year in the 2021 International Business Awards and the Gartner Magic Quadrant.
ContractPodAI has also won the Edison Award, a technology innovation award, for its product. Its software is used to analyze contract renewals, indemnification clauses, and other legal provisions. It can also predict what will happen if a court rules on a claim. ContractPodAI uses data gathered from over 400,000 contracts to analyze and predict future outcomes. They also use Watson Discovery, an AI search tool, to find key legal obligations and clauses.
ContractPodAI was founded in 2012 by Sarvarth Misra, a lawyer, and entrepreneur. He wanted to find a way to digitalize legal resources. Using off-the-shelf AI technologies, ContractPodAI is able to streamline the process of contract management.
Artificial intelligence-fueled platform
Founded in 2012, ContractPodAI is a London-based company that provides an artificial intelligence-fueled platform for contract lifecycle management. The company’s technology allows corporate legal teams to work smarter and more efficiently. They have offices in London, Glasgow, Toronto, and New York. Currently, ContractPodAI has a total of 200 employees. They offer a complete, integrated contract lifecycle management platform that includes e-signature integration, guided forms, and guided workflows. In addition, the company has implemented numerous global enterprise-wide rollouts for Fortune 500 clients.
The company’s technology also helps in-house counsel manage the corporate governance and compliance requirements of their organization. In addition, ContractPodAI offers an expert legal transformation team and personalized support. The company provides a wide range of pre-built applications and templates that can be configured to meet specific needs. It also offers all-inclusive pricing and outcomes-based pricing.
Conclusion
The platform also integrates with DocuSign, IBM, and Microsoft. In addition to e-signature integration, ContractPodAI offers automatic document generation and a smart repository. It also features guided workflows, collaborative tools, and AI analytics.
