Friday, April 23, 2021

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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

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