Maven Capital Partners, YFM Equity Partners, Kennet Partners, and Federated Hermes completed a $50m investment in Summize.

Maven Capital Partners, YFM Equity Partners, Kennet Partners, and Federated Hermes completed a $50m investment in Summize, an AI Contract Lifecycle Management (CLM) software company. “We founded Summize to make contracts easier to understand and the contracting process more efficient by complementing how modern teams work. This new $50 million investment underlines our differentiated user experience and ability to design innovative, trusted AI solutions for legal teams and the wider business. With the support of our new and existing investors, we will continue to scale the business by focusing on our intuitive user experience, ongoing AI innovation, and expanding our exceptional team to support our growing number of global customers," Tom Dunlop, Summize CEO and Co-Founder.