Announced
Financials
Tags
Acquisition
Private Equity
United Kingdom
lawtech startup
IT Services: Other
Cross Border
Friendly
Pending
Private
Majority
Single Bidder
Synopsis
SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, agreed to invest $100m in ContractPodAi, an England headquartered lawtech startup. “ContractPodAi’s technology aims to empower in-house legal professionals to radically improve business performance such as driving faster revenue recognition, increase compliance adherence and optimise operational workflows. We believe the company’s modularized, one platform approach extends way beyond existing Contract Lifecycle Management to capture a vast array of legal use cases across multiple jurisdictions,” Ayush Jain, SoftBank Investor.
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