The Contract Network Raised $8M Seed Round
The Contract Network offers an AI-powered contract collaboration platform.
Amount Raised: $8M
Lead Investor: Tusk Venture Partners
Other Participants: Andrew Sieja (Founder of Relativity), The Legal Tech Fund, Mayo Clinic, Toba Capital, and GC&H Investments (associated with Cooley LLP).
Company's Purpose for Funding:
- Expand operations.
- Enhance business reach.
About The Contract Network:
Location: Atlanta, GA, USA
Leadership: Jim Wagner (CEO)
Product/Service: The Contract Network offers an AI-powered contract collaboration platform designed to provide a neutral solution for all parties involved in an agreement. This solution aids in accelerating negotiations and collaboratively managing contract compliance. Key features of the platform include real-time collaboration on contracts and an AI-powered tool that translates legal jargon into plain language.
The platform seamlessly integrates with existing Contract Lifecycle Management (CLM) systems and connects to various software platforms typically used in contract negotiations.