Spotlight on Summize, the developer of a digital contracting platform designed to simplify the contract reading process.
Spotlight on: Summize
Description
Developer of a digital contracting platform designed to simplify the contract reading process. The company specializes in an intelligent document review platform that instantly extracts key information from any contract and displays it in an interactive summary or table view for analysis and comparison, enabling clients with ways to improve and streamline complex processes used by legal teams.
Most Recent Financing Status
The company raised GBP 7.45 million of Series A venture funding in a deal led by YFM Equity Partners on October 24, 2022, putting the company's pre-money valuation at GBP 7.70 million. Maven Capital Partners UK and other undisclosed investors also participated in the round. The funs will be used to build company's presence in the US.
CEO: Tom Dunlop
HQ Location: Manchester, United Kingdom
Employees: 45
Total Raised: $10.68M
Post Valuation: $16.87M
Growth Rate: 0.55% Weekly Growth (93rd Percentile)
Size Multiple: 8.08x Median (88th Percentile)
To learn more about Summize, visit their website or follow them on LinkedIn or Twitter.
Source: Pitchbook, June 2023
Published July 11, 2023.
