Spotlight on: Evisort
HQ: San Mateo, CA
No. of Employees: 129
Institutional Investors:
- Amity Ventures
- Andy Ravreby
- Bob Allard
- Brian Doyle
- General Atlantic
- G Ventures (VC)
- Jennifer Lum
- M12
- Sravish Sridhar
- Vertex Ventures US
Twitter: @Evisort
URL: www.evisort.com/
Post Valuation: $185M
Summary: Developer of contract management platform designed to change the way companies interact with their legal documents. The company's platform revolutionizes the costly and labor-intensive way that lawyers currently handle contracts and other transactional work, enabling companies to quickly sort through thousands of contracts and other documents to greatly enhance efficiency, improve their compliance and accuracy and save millions of dollars a year.
The company raised $35 million of Series B venture funding in a deal led by General Atlantic on February 23, 2021, putting the
company's pre-money valuation at $150 million. M12, G Ventures (VC), Amity Ventures, Vertex Ventures US, Jennifer Lum, Bob Allard,
Sravish Sridhar, Andy Ravreby and Brian Doyle also participated in the round. The funds will be used to grow its customer success
team, expand its platform to include more workflow-specific offerings, and continue to push the boundaries of its pre-trained AI.
To learn more about Evisort, go to www.evisort.com/.
To nominate a startup to be featured, email Kristin Calve, Editor & Publisher, CCBJ, [email protected] and [email protected].
Source: Pitchbook, Jan 2022
Published January 25, 2022.
