Evisort: Raises $35M in Series B Funding

  • Evisort, a San Mateo, CA-based intelligent contract management platform, raised $35M in Series B funding, bringing its total funding to $55.5M
  • The round was led by General Atlantic with participation from existing investors Amity Ventures, Microsoft’s venture fund M12, and Vertex Ventures
  • In conjunction with the funding, General Atlantic’s Operating Partner and former GE CIO Gary Reiner will join Evisort as a board member
  • The company also intends to use the funds to grow its customer success team, expand its platform to include more workflow-specific offerings
  • Evisort leverages AI to help businesses categorize, search, and act on business-driving documents of any type
  • With the launch of Evisort Contract Workflow in July 2020, the platform can also now automate the entire lifecycle of a contract, from contract creation to negotiation to signature
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NYSE Faces $9 Million Fine from SEC Over Trading Glitch

Regulatory action follows significant trading errors affecting market operations.Highlights: NYSE fined $9 million by SEC for a trading...

Stablecoin Startup Kast Raises $80 Million to Accelerate Growth

Funding aims to expand operations and enhance offerings in the stablecoin sector.Highlights: Kast raises $80 million inSeries A...

Nasdaq Connects European Trading Venues to Seturion Tokenized Asset Platform

New integration aims to enhance trading efficiency in Europe.Highlights: Nasdaq links European trading venues to Seturion platform.Integration focuses...

Irish Banks Launch P2P Payments Service to Enhance Digital Transactions

New service aims to simplify peer-to-peer money transfers in Ireland.Highlights: Irish banks have introduced a new P2P payments...