ContractSafe, a Los Angeles, CA-based cloud-based contract management platform, announced a $27.5 million strategic growth investment from Five Elms Capital.
The investment and partnership will enable ContractSafe to scale its team and release additional products and features designed to streamline contract management for businesses.
"We wanted an investor who shares our vision and who understands our mission of being the most intuitive and easy to use contract solution." said Randy Bishop, President of ContractSafe. "Five Elms has an amazing record of success and of supporting founders. We look forward to partnering with them to make our product even easier for our customers to use as well as adding more features that meet their needs."
The company has seen strong adoption of its platform, maintaining impressive revenue growth and high customer retention and satisfaction. Critical integrations and an expansive feature set make ContractSafe the go-to choice for customers that want to upgrade to a dedicated contract management platform without breaking the bank.
Company: ContractSafe LLC
Raised: $27.5M
Round: Strategic Growth
Funding Month: January 2023
Lead Investors: Five Elms Capital
Additional Investors:
Company Website: https://www.contractsafe.com/
Software Category: Contract Management Software
About the Company: ContractSafe is intuitive cloud-based contract management software that helps users easily keep track of all their important documents at an affordable price. The platform offers a simple, yet a robust suite of contract management features built for businesses with a high volume of 3rd party contracts who need to be able to store, search, control permissions, and create workflows around legal documents.
Source: https://www.prnewswire.com/news-releases/myinterview-secures-11m-in-series-a-funding-to-help-employers-better-engage-gen-z-candidates-301724592.html