This is the Contractbook pitch deck to raise a $9.4m series-a round in 2020.
About
Contractbook provides an end-to-end contract management platform that automates contract management. It is efficient contract management for the modern business. It creates, signs, and stores all the legal documents on a single digital platform to increase transparency in the organization, secure compliance, save valuable time and simply create better contracts.
Try to imagine the contract negotiation process, and one might conjure up a scene where a sheaf of papers, tucked discreetly into a manila folder, is shuttled from one law office to the mahogany table of another. With a stroke of a fountain pen, the deal is sealed.
Those old-school methods have long been replaced with the adoption of PDFs, redlined versions of which zip from email inbox to inbox. Now, contracting is undergoing another digital shift that will streamline the process as companies are becoming more comfortable with tech and are seeking greater efficiencies — and investors are taking note.
Contractbook, a Denmark-based contract lifecycle management platform, just raised $9.4 million in its Series A investment round, led by venture capital titan Bessemer Venture Partners. In November 2019, Gradient Ventures, Google’s AI-focused venture fund, led Contractbook’s $3.9 million seed round.
Founded in Copenhagen in 2017, Contractbook uses data to automate documents, offering an end-to-end contracts platform for small- and medium-sized businesses (SMBs). Niels Brøchner, the company’s CEO and co-founder, said that Contractbook was born out of the notion that existing contract solutions, like DocuSign, failed to use a document’s data — from names of parties to the folder the document is stored in — to automate the process and drive workflow.
“Data is alive, meaning you can build a whole automation flow around it and make everybody aware of what’s happening at the data all the time,” explained Brøchner.
Brøchner walked Business Insider through the pitch deck it used to demonstrate its unique value proposition to investors, and shared his visions of how he sees Contractbook growing with the help of the funding.
Funding Rounds
Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
May 11, 2021 | Series B – Contractbook | 4 | $30M |
Tiger Global Management
|
Dec 9, 2020 | Series A – Contractbook | 2 | $9.4M | Bessemer Venture Partners |
Nov 19, 2019 | Seed Round – Contractbook | 2 | €3.5M | Gradient Ventures |
December 5, 2017 | Angel Round – Contractbook | 3 | — | — |
Pitch Deck Review Summary
Slide by Slide Review
Deck Collection
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