What is Concord?
Founded in 2014 and headquartered in San Francisco, California, Concord offers a robust Contract Lifecycle Management (CLM) platform. Its suite of features includes advanced Contract Management, seamless Online Negotiation, and secure Electronic Signatures, providing businesses with a unified solution for their contractual needs. The company's focus on streamlining contract processes positions it as a key player in the evolving landscape of enterprise software solutions.
How much funding has Concord raised?
Concord has raised a total of $40.1M across 6 funding rounds:
Unspecified
$1.4M
Private Equity
$2.7M
Private Equity
$6.3M
Series A
$3.7M
Series B
$25M
Debt
$1M
Unspecified (2014): $1.4M, investors not publicly disclosed
Private Equity (2015): $2.7M led by Alven and Cota Capital
Private Equity (2016): $6.3M, investors not publicly disclosed
Series A (2017): $3.7M featuring Cota Capital, Streamlined Ventures, and Alven
Series B (2018): $25M backed by Alven, Tenaya Capital, and CRV
Debt (2020): $1M with participation from PPP
Key Investors in Concord
CRV
CRV is a venture capital firm with a long history, investing in early-stage tech startups since 1970. They act as committed, long-term partners to founders, offering support from inception through IPO and beyond.
Tenaya Capital
Tenaya Capital focuses on providing capital to early-growth stage technology companies, partnering with entrepreneurs dedicated to building enduring businesses with a team that has decades of experience.
Alven
Alven is an independent early-stage venture capital firm with 25 years of experience, dedicated to supporting relentless builders in Europe by providing resources and guidance throughout the entrepreneurial journey.
What's next for Concord?
The recent major strategic investment signals a pivotal phase for Concord, likely enabling further expansion of its platform capabilities and market reach. With a history of consistent capital raises, including significant rounds like Series B, Concord is well-positioned to scale its operations and enhance its competitive edge. This infusion of capital is expected to fuel innovation in contract automation and digital transformation initiatives for its enterprise clients, solidifying its role as a leader in the CLM space.
See full Concord company page
