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