What is Evisort?
Evisort Inc. is at the forefront of artificial intelligence contract management, developing sophisticated AI algorithms designed to empower professionals in managing a wide array of contracts and documents. Headquartered in San Mateo, California, the company's innovative technology streamlines complex legal and business processes, offering a powerful solution for organizations seeking to enhance efficiency and reduce risk in their contract lifecycle. Evisort's platform leverages machine learning to analyze, organize, and extract critical information from legal agreements, providing actionable insights and improving compliance.
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 Amity Ventures, Technology Crossover Ventures, Vertex Ventures, M12, General Atlantic, and Breyer Capital
Key Investors in Evisort
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.
M12
M12, Microsoft's Venture Fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies.
General Atlantic
General Atlantic is a global growthequity firm that provides capital and strategic support to highgrowth companies in sectors such as consumer, financial services, healthcare, life sciences, and technology.
What's next for Evisort?
The recent major strategic investment signals a new phase of expansion for Evisort, likely focusing on scaling its AI capabilities, broadening its market reach, and enhancing its product offerings. This significant capital injection will enable the company to further innovate in the competitive AI and legal tech sectors, potentially exploring new applications for its technology and strengthening its position as a leader in intelligent contract management. Evisort's trajectory suggests a continued focus on enterprise solutions and strategic partnerships to drive adoption and deliver value to a growing client base.
See full Evisort company page