ContractPodAi raises $115m in Series C funding led by SoftBank Vision Fund 2 to scale platform capabilities and international reach.
SoftBank Vision Fund 2 led the Series C financing, with support from Eagle Proprietary Investments and Insight Partners.
ContractPodAi provides an artificial intelligence powered contract lifecycle management and legal platform for corporate in house teams. The company is headquartered in London and operates globally.
ContractPodAi has secured £85.5m in a Series C funding round headed by SoftBank Vision Fund 2, with participation from Eagle Proprietary Investments and Insight Partners. The capital will be deployed to scale platform capabilities and increase international market reach, with a particular focus on the APAC region. This transaction marks SoftBank Vision Fund 2's inaugural investment in the legal technology sector.
From the founder
"The market is asking for a legal platform, a technology infrastructure that supports in-house legal teams like CRM does for sales teams or fintech for finance. With the backing of Insight Partners, Eagle Proprietary Investments, and now SoftBank Vision Fund 2, we are ready to win the market by driving digital transformation for our customers with our One Legal Platform approach."
Sarvarth Misra
Co Founder and CEO at ContractPodAi
Investor perspective
"ContractPodAi's technology aims to empower in-house legal professionals to radically improve business performance such as driving faster revenue recognition, increase compliance adherence and optimise operational workflows. We believe the company's modularized, one platform approach extends way beyond existing Contract Lifecycle Management to capture a vast array of legal use cases across multiple jurisdictions."
Ayush Jain
Investor for SoftBank Investment Advisers, SoftBank Vision Fund 2
Use of funds
- 01Continue product development
- 02Expand into international markets
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About the company
ContractPodAi
ContractPodAi supplies a digital platform for corporate legal departments.