Legal Tech Spotlight: Concord

Spotlight on: Concord

Description
Developer of contract management software designed to streamline the contract life cycle management process. The company's software offers double authentication, full encryption, storage, and electronic signatures along with cloud-based automated contract lifecycle management, enabling individuals, and small, medium, and large enterprises to collaborate on documents internally and with third parties across the entire contract life cycle.

Most Recent Financing Status (As of December 2023)

The company raised $30 million of Series B venture funding in a deal led by Tenaya Capital on December 13, 2018, putting the company's pre-money valuation at $110 million. CRV, Wind Capital, Techmind, Alven Capital Partners, and other undisclosed investors also participated in the round. The funds will be used to accelerate the development of the company's platform, increase headcount across engineering, sales, and marketing teams, and advance international expansion. Techmind also participated in this round.

Founder and Chairman: Mathieu Lhoumaeu, [email protected], +1 (415) 689-5488

HQ Location: 177 Post Street 2nd Floor San Francisco, CA 94108

Employees: 90 (as of June 2024)

Total Raised: $47.66M (as of December 2018)

Growth Rate: 0.13% Weekly Growth (88th percentile)

Size Multiple: 13.7X Median (93rd percentile)

Institutional Investor:

• Gullaume Aubin
• Murat Bicer
• Paul Drews
• Murat Bicer
• Raffi Kamber
• Thibault Poutrel
• Arnaud Vaissie
• Babak Yazdani
• Cyril Grislain
• Guillaume Aubin
• Simon Dawlat
• Thibault Poutrel
• Tien Tzuo
• Arnauld Vaissie

To learn more about Concord, visit their website or follow them on Linkedin

Source: Pitchbook, March 2024