How Much Did Evisort Raise?
Funding & Key Investors

Evisort, an artificial intelligence contract management company, has secured significant enterprise-level funding, with its total funding reaching $154.5M. The company recently announced a major strategic investment of $100M, underscoring its growth trajectory and market potential in the AI-driven legal tech sector.

This latest capital infusion is expected to accelerate Evisort's product development and market expansion, building upon its established presence in San Mateo, California.

What is Evisort?

Evisort
SoftwareLegal SolutionsContent & Collaboration Software

Evisort Inc. is at the forefront of artificial intelligence contract management, developing sophisticated AI algorithms designed to streamline the management of diverse contracts and documents for professionals. The company's innovative technology addresses a critical need in the legal and business sectors for efficient, AI-powered contract analysis and oversight. Evisort's solutions aim to enhance accuracy, reduce risk, and improve operational efficiency for its clients, positioning it as a key player in the rapidly evolving legal technology landscape.

How much funding has Evisort raised?

Evisort has raised a total of $154.5M across 4 funding rounds:

2019

Angel/Seed

$4.5M

Series A

$15M

2021

Series B

$35M

2022

Series C

$100M

Angel/Seed (2019): $4.5M, investors not publicly disclosed

Series A (2019): $15M led by Vertex Ventures and M12

Series B (2021): $35M supported by Amity Ventures, Vertex Ventures, General Atlantic Service Company, L.P., and M12

Series C (2022): $100M featuring General Atlantic, Breyer Capital, Technology Crossover Ventures, Vertex Ventures, Amity Ventures, and M12

Key Investors in Evisort

General Atlantic

General Atlantic is a global growth equity firm that provides capital and strategic support to high-growth companies in sectors such as consumer, financial services, healthcare, life sciences, and technology. They partner with founders and management teams to accelerate growth and international expansion.

Breyer Capital

Breyer Capital is an independent global venture capital and private equity investor focusing on long-term, idea-driven investments. The firm aims to catalyze high-impact entrepreneurs by leveraging insights from a network of world-class investors and a belief in the transformative power of artificial intelligence and machine learning.

Technology Crossover Ventures

Technology Crossover Ventures (TVC) was founded in 1995 and specializes in acquisitions, mergers, and recapitalization for other companies. They are based out of Menlo Park, California.

What's next for Evisort?

With substantial backing from major investors, Evisort is poised for significant scaling and innovation. The recent strategic investment signals strong confidence in the company's technology and business model, likely enabling Evisort to further enhance its AI capabilities, expand its customer base, and potentially explore new market verticals. The company's focus on enterprise-level solutions suggests a strategic push towards larger corporate clients, aiming to solidify its position as a leader in AI-powered contract lifecycle management.

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Frequently Asked Questions Regarding Evisort Financial Insights

What are the most recent funding rounds that Evisort has completed, and what were the funding rounds?
Evisort has recently completed 3 funding rounds: Series C on May 11, 2022, Series B on Feb 23, 2021, Series A on Dec 17, 2019.
What is the total amount of funding Evisort has raised to date?
Evisort has raised a total of $154.5M in funding to date.
How many funding rounds has Evisort completed?
Evisort has completed 3 funding rounds.
How much funding did Evisort raise in its most recent funding round?
Evisort raised $100M in its most recent funding round.
Who are the lead investors in Evisort's latest funding round?
The lead investor in Evisort's latest funding round was General Atlantic. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Evisort's history?
The largest funding round in Evisort's history was $100M.
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