LinkSquares Raises $40 Million in Series B

by Kay Aloha Villamor in August 17th, 2021

LinkSquares, a provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, announced it has raised $40 Million in Series B financing.

The round was led by Sorenson Capital. New investors Catalyst Investors, Xerox, Bottomline Technologies, DraftKings’ founders and key legal and compliance executives, as well as existing investors Hyperplane Venture Capital, MassMutual Ventures, First Ascent Ventures, participated in the round.

The company will use the financing to expand its team, advance the LinkSquares technology and develop new strategic business partnerships.

Company: LinkSquares, Inc.

Raised: $40.0M

Round: Series B

Funding Month: July 2021

Lead Investors: Sorenson Capital

Additional Investors: Catalyst Investors, Xerox, Bottomline Technologies, DraftKings’ founders and key legal and compliance executives, Hyperplane Venture Capital, MassMutual Ventures, and First Ascent Ventures 

Company Website: https://linksquares.com

Software Category: AI management and Legal Tech

About the Company: LinkSquares was founded in 2015 and headquartered is in Boston, Massachusetts. LinkSquares is a computer software company that features AI-powered contract management and analytics tool for in-house legal and finance teams. It specializes in contract management, machine learning, SaaS, contract review, and legal operation. LinkSquares provides a contracting platform to give legal teams the tools they need to move their business forward faster.

Source: https://www.businesswire.com/news/home/20210714005524/en/LinkSquares-Announces-40-Million-in-Series-B-Funding-Led-by-Sorenson-Capital

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