SimpliContract Overview
- Year Founded
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2020
- Status
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Private
- Employees
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68
- Latest Deal Type
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Later Stage VC
- Investors
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10
SimpliContract General Information
Description
Developer of an AI-powered contract management software designed to focus on end-to-end contract life-cycle management. The company's software leverages in-house AI or NLP algorithms that will help users to query and extract valuable insights from thousands of contracts, and also digitize existing contracts, enabling users to democratize contracting with an easy-to-use design and a highly configurable platform.
Contact Information
Website
www.simplicontract.comCorporate Office
- 838 Walker Road
- Suite 21-2, Kent County
- Dover, DE 19904
- United States
Corporate Office
- 838 Walker Road
- Suite 21-2, Kent County
- Dover, DE 19904
- United States
SimpliContract Timeline
SimpliContract Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 15-Apr-2025 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | Completed | Generating Revenue | ||||
| 2. Early Stage VC | 12-Apr-2023 | $3.5M | $5.31M | Completed | Generating Revenue | |
| 1. Seed Round | 14-Jun-2021 | $1.81M | $1.81M | Completed | Generating Revenue |
SimpliContract Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed CCPS | ||||||||
| Ordinary | ||||||||
| Ordinary | 132,142 | $0.137081 | $0.19 | $0.19 | 1x | $0.19 | 72.78% |
VC Exit Predictor
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SimpliContract Comparisons
Industry
Financing
Details
SimpliContract Competitors (7)
One of SimpliContract’s 7 competitors is PandaDoc, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PandaDoc | Venture Capital-Backed | San Francisco, CA | ||||
| Ironclad | Venture Capital-Backed | San Francisco, CA | ||||
| Evisort | Formerly VC-backed | San Francisco, CA | ||||
| LinkSquares | Venture Capital-Backed | Boston, MA | ||||
| Malbek | Venture Capital-Backed | Princeton, NJ |
SimpliContract Patents
SimpliContract Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220092711-A1 | System and method for extracting data from contracts using ai based natural language processing (nlp) | Inactive | 15-Sep-2020 |
SimpliContract Signals
SimpliContract Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Z Nation Lab | Venture Capital | Minority | ||
| Emergent Ventures | Venture Capital | Minority | ||
| Foster Ventures (California) | Venture Capital | Minority | ||
| Leslie Ventures | Venture Capital | Minority | ||
| Sentinel Ventures | Venture Capital | Minority |
SimpliContract FAQs
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When was SimpliContract founded?
SimpliContract was founded in 2020.
-
Where is SimpliContract headquartered?
SimpliContract is headquartered in Dover, DE.
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What is the size of SimpliContract?
SimpliContract has 68 total employees.
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What industry is SimpliContract in?
SimpliContract’s primary industry is Business/Productivity Software.
-
Is SimpliContract a private or public company?
SimpliContract is a Private company.
-
What is SimpliContract’s current revenue?
The current revenue for SimpliContract is .
-
How much funding has SimpliContract raised over time?
SimpliContract has raised $10.3M.
-
Who are SimpliContract’s investors?
Z Nation Lab, Emergent Ventures, Foster Ventures (California), Leslie Ventures, and Sentinel Ventures are 5 of 10 investors who have invested in SimpliContract.
-
Who are SimpliContract’s competitors?
PandaDoc, Ironclad, Evisort, LinkSquares, and Malbek are some of the 7 competitors of SimpliContract.
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