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Announced

Completed

TCV led a $100m Series C round in Evisort.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Acquisition

Friendly

Completed

Minority

Online and Social Platforms

contract management software

United States

Private Equity

Venture Capital

Single Bidder

Synopsis

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Technology Crossover Ventures, a key investor in Airbnb, LinkedIn, Netflix, and other market-defining companies, led a $100m Series C round in Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, with participation from Breyer Capital, General Atlantic, M12, Amity Ventures and Vertex Ventures. "Every time an organization buys, sells, hires, or otherwise transacts, it creates a contractual data layer. We created Evisort because it is absolutely critical for organizations to easily access and manage this data inside their contracts. We couldn't be more grateful for the trust of our hundreds of customers to build this innovative technology with us. Now, we will accelerate this momentum as these additional funds will supplement our existing capital to further our vision for making contract operations stronger and more meaningful than ever," Jerry Ting, Evisort Co-Founder and CEO.

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