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New Deal


Announced

SoftBank Vision Fund 2 to invest $100m in ContractPodAi.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

United Kingdom

lawtech startup

IT Services: Other

Cross Border

Friendly

Pending

Private

Majority

Single Bidder

Synopsis

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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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