Evisort Raises $100 Million in Series C  

by Kay Aloha Villamor in May 13th, 2022

Evisort, a San Mateo, CA-based no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, announced that it raised $100 million in Series C funding, including equity and venture debt financing.

The round was led by global growth investor TCV, with participation from Breyer Capital and all major existing investors, including General Atlantic, Microsoft’s venture capital fund M12, Amity Ventures, and Vertex Ventures.

The company will use the funds to enhance the customer experience, continue to invest in its world-class product, and accelerate global growth. 

TCV General Partner Amol Helekar will join the Evisort board of directors.

Company: Evisort Inc. 

Raised: $100.0M

Round: Series C

Funding Month: May 2022

Lead Investors: TCV

Additional Investors: Breyer Capital, General Atlantic, Microsoft’s venture capital fund M12, Amity Ventures, and Vertex Ventures

Company Website: https://www.evisort.com/

Software Category: Contract Intelligence and Management

About the Company: Evisort is the leading transformative business solution for contract management and analysis. Powered by proprietary artificial intelligence (AI) trained on 10M+ contracts and billions of data points, Evisort’s technology parses the nuanced context and meaning of legal language and helps teams protect, scale, and accelerate their businesses. Headquartered in Silicon Valley, the company serves legal, IT, finance, and procurement organizations around the world.       

Source: https://www.evisort.com/blog/evisort-raises-100m-in-funding-led-by-tcv

 

 




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