Summize, a Boston, MA-based AI-powered contract lifecycle management (CLM) platform, has raised $50 million in funding.
Investors
The round included existing investors Maven Capital Partners and YFM Equity Partners, with new participation from Kennet Partners and Federated Hermes Private Equity.
Summize Use of Funds
The company will use the funding to support product expansion, global team growth, and the scaling of its customer base and AI capabilities.
About Summize
Founded by CEO Tom Dunlop, Summize is an AI-driven contract lifecycle management platform that helps in-house legal teams manage contracts within the tools they already use, including Microsoft Word, Outlook, Teams, Slack, Salesforce, and HubSpot. The platform leverages agentic AI to provide legal context, extract insights from contracts, financial documents, compliance materials, and regulatory content, and surface actionable knowledge where teams need it. Founded in 2018, Summize serves global clients such as Revolut, AMC Networks, SHL Medical, Clearscore, Sigma, and Matillion. Summize is headquartered in Manchester, U.K., with U.S. offices in Boston and San Diego.
Funding Details
Company: Summize, Ltd.
Raised: $50.0M
Round: Unknown
Funding Date: January 2026
Investors: Kennet Partners, Maven Capital Partners, YFM Equity Partners, Federated Hermes Private Equity
Company Website: https://www.summize.com/
Software Category: Legal AI / Contract Lifecycle Management (CLM)
Source: https://www.businesswire.com/news/home/20260127240240/en/