Point Nine is a European early-stage venture capital firm focused on B2B software and marketplace startups. Founded in 2011, the firm backs companies across Europe and North America.
The seed round was led by Kindred Capital with participation from Point Nine Capital and Forward Partners.
"For years, product designers and engineers across myriad industries have been confined to technologies that aren't fit for purpose to create and develop products for the physical world, with lengthy iterative processes causing protracted product development cycles, unnecessary costs, and a host of design frustrations. Gravity Sketch gives design and engineering teams across the globe a way to create, collaborate, and communicate together in the same virtual space, and in real-time. Today's investment will help us make our technology as accessible and inclusive as possible."
Union Square Ventures led the Series A round to support product development and international growth.
"Contract management systems are invariably designed by lawyers for lawyers. We’re rebuilding contracts for the end user. We’re delighted to partner with USV as we execute on our vision to transform legal contracts into dynamic, modular agreements that reflect and empower business relationships. It’s great to see so many businesses supporting this approach and joining our community."