Peak is the early-stage VC fully backed by entrepreneurs. Based in Amsterdam, Berlin and Stockholm, Peak fiercely backs founders across Europe, particularly in the BeNeLux, DACH, and Nordics. Their EUR 66M fund is 100% financed and ran by experienced entrepreneurs - with the scars to prove it. Peak specializes in models, rather than specific industries or verticals. To date, they have more than a decade of experience in scaling marketplace, platform, and SaaS companies - both B2B and B2C - from Seed to Series A and beyond. Get in touch via http://peak.capital/contact

Peak

The Springfield Project is a Stockholm-based early stage investment firm that finances startups with the focus to help entrepreneurs.

The Springfield Project

Precisely

Precisely was founded on the idea to digitalize contract management in a way that serves both legal teams and their colleagues in other departments. Today, our platform meets even the most demanding contracting needs, with unparalleled ease of use.  Precisely was founded in 2014 and is headquartered in Gothenburg, Sweden.

Precisely is a legal technology company based in Gothenburg, Sweden. Founded in 2014 by Nils-Erik Jansson, a former business lawyer, Precisely offers a digital contracting platform to streamline the full contract lifecycle. The platform automates drafting, negotiating, signing, and managing contracts through features like questionnaire-based contract creation, e-signatures, and a centralized repository. Precisely serves over 200 clients globally, primarily legal teams in enterprises across various industries like HR, sales, and procurement. Its software enables users to reduce contract processing time by up to 80%. In January 2021, Precisely raised EUR 1.8 million in seed funding led by Amsterdam-based VC firm Peak Capital to accelerate product development and international expansion.

Swedish legal tech startup Precisely brings in €1.8 million to accelerate growth

Better data. Better decisions.

About Precisely: We build possibilities grounded in data

Peak invests €1.8M in Swedish legaltech platform Precisely

5 Tips To Improve Your Contract Management Process

A Business Case for Contract Management Solutions

Unlocking the Business Potential of Contract Management in 2023

Changes in Legal Tech Over the Past Year (In collaboration with Precisely)

Tools for streamlining or improving one or more aspects of contractual agreements

Contract Management Tools

Precisely Named a Leader in the Inaugural Aspire Leaderboard for Interaction Experience Management

Precisely is a legal technology company based in Gothenburg, Sweden. Founded in 2014 by Nils-Erik Jansson, a former business lawyer, Precisely offers a digital contracting platform to streamline the full contract lifecycle. The platform automates drafting, negotiating, signing, and managing contracts through features like questionnaire-based contract creation, e-signatures, and a centralized repository. Precisely serves over 200 clients globally, primarily legal teams in enterprises across various industries like HR, sales, and procurement. Its software enables users to reduce contract processing time by up to 80%. In January 2021, Precisely raised EUR 1.8 million in seed funding led by Amsterdam-based VC firm Peak Capital to accelerate product development and international expansion.

DocuCollab offers a contract management software solution designed specifically for the healthcare and pharmaceutical industries. The company's platform allows companies in these sectors to effectively manage their contractual processes, from patient admissions to sourcing patented drugs. DocuCollab's software facilitates real-time collaboration, document sharing, and change tracking, enabling users to engage with technology and collaborate securely. The software's ease of use and ability to streamline document management processes have helped businesses take their operations to the next level.

DocuCollab

Concord is a cloud-based contract lifecycle management (CLM) platform that enables users to create, collaborate, sign, and manage all types of contracts within a single platform. It streamlines the entire contract workflow process, from drafting and negotiation to execution and analysis. Concord's key offering is an intuitive, user-friendly interface that simplifies contract collaboration among teams, clients, and third-party vendors.
The platform integrates with over 5,000 applications through plug-and-play integrations, allowing users to pull in customer data, generate agreements in bulk, and automate custom workflows via Zapier or Concord's open API. As of November 2021, Concord claimed to have over 1 million users, primarily small and medium-sized businesses (SMBs), utilizing its agreement intelligence solution.
Concord's pricing model is designed to be cost-effective, with all plans including unlimited agreements and e-signatures. Users pay only for the features they require, without incurring additional add-on costs. In February 2020, Concord highlighted its ability to manage various types of online contracts, including employment contracts, non-disclosure agreements, licensing agreements, bills of sale, promissory notes, and residential leases.

Concord

Ironclad is a leading provider of contract management software that enables companies to digitize and streamline their contract lifecycle processes. The company's platform allows users to create, collaborate, negotiate, execute, and manage contracts within a single, browser-based environment. Ironclad utilizes advanced technologies such as artificial intelligence and conditional logic to facilitate the generation and management of complex contract variations at scale.
One of Ironclad's key product offerings is its Workflow Designer, a no-code tool that enables users to customize and automate approval workflows, regardless of the complexity of their contracts and processes. Additionally, the platform features a DOCX-native, browser-based editor, facilitating seamless collaboration through shared drafts, track changes, version history, and commenting functionality.
Ironclad caters to a wide range of industries, including technology, healthcare, media and entertainment, and financial services. Companies like L'Oréal, Mastercard, and Dropbox have leveraged Ironclad's platform to streamline their contracting processes, drive business impact, and gain valuable operational insights.
As of April 2022, Ironclad had processed over one billion contracts on its platform and was on track to process another one billion contracts within the same year, solidifying its position as a leading player in the contract lifecycle management (CLM) space. In April 2024, Ironclad announced its selection by Salesforce as the company's CLM platform, further underscoring its industry-leading capabilities.

Ironclad

INHUBBER is a contract management and digital signature platform that leverages blockchain technology and artificial intelligence to offer secure and efficient contract handling. The company's solution allows users to create, sign, store, and manage contracts securely with features like end-to-end encryption, two-factor authentication, and secure cloud storage. INHUBBER's platform supports multiple file formats, including PDF, Excel, Word, JPEG, and MP4, enabling users to sign an unlimited number of contracts while tracking their progress.
The AI-powered platform automates various contract-related tasks, such as document analysis, obligation management, and deadline reminders. It streamlines collaboration by allowing users to share contracts within the company or with specific departments securely. Additionally, INHUBBER provides template management capabilities, enabling users to create, upload, and share templates for efficient contract creation and processing.
The platform's digital signature functionality ensures compliance with legal requirements, such as qualified electronic signatures for rental agreements with stepped rents. INHUBBER's solution caters to businesses across various industries, offering contract lifecycle management, digital signatures, and obligation management in a unified, secure, and user-friendly platform.

INHUBBER

Oneflow is a Software-as-a-Service (SaaS) company that offers a contract automation platform powered by artificial intelligence (AI). The platform aims to help businesses streamline and optimize their contract management processes. In May 2024, Oneflow launched Oneflow AI, an AI-powered platform designed to assist businesses in writing, reviewing, and analyzing contracts 10 times faster and at scale.
Oneflow's interactive platform addresses every step of the contract lifecycle, from pre-signing to signing and post-signing activities. By creating contracts in data-rich formats, the platform provides a robust foundation for fully automated workflows. The company's AI technology not only eliminates expensive routine contract work but also minimizes the risk of oversight and reveals actionable insights at a speed that humans cannot match.
Oneflow's mission is to liberate businesses from the frictions associated with managing their core business documents, specifically contracts. The company believes that while the world is undergoing digital transformation, contracts remain stuck in a frustrating cycle involving PDFs, legacy systems, and inboxes, solely to get a contract signed.

Oneflow

Platforms that provide an "all-in-one" contract management solution, providing a variety of functions across the CLM system

Platforms that provide specialized contract management (procurement, sales etc.) solutions, which include terms and conditions that are industry-specific

Tools that allow users to put their signature on digital contracts with multiple authentication and certifications, providing a safe and secure electronic record

Platforms that use AI-powered tools to identify potential breaches, entitlements, obligations, and changes in conditions to ensure that agreements are in compliance throughout the life cycle of the contract

Platforms that use GenAI in contract management streamline drafting, review and negotiation by automating document creation, improving efficiency and compliance

AI/ML solutions can streamline contract processes by extracting data, identifying risks, and enabling predictive analytics

Personalization tools can be used to create and manage contracts tailored to specific clients

Remote workers can access information and stay connected without physical storage or meetings

Uses GenAI to automatically generate contract drafts, summaries, and to detect anomalies in eSignatures

Precisely

Sources

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless