What is Evisort?
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:
Angel/Seed
$4.5M
Series A
$15M
Series B
$35M
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.
See full Evisort company page