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 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.
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.