Common Paper
Product Overview
Common Paper is a legal technology company that provides a comprehensive platform for revenue teams to build, negotiate, sign, and manage commercial contracts using standardized, open-source agreements. Their mission is to streamline the contracting process by offering free, expert-drafted standard agreements that start negotiations on balanced terms for both buyers and vendors. The platform integrates artificial intelligence agents to structure contract data, facilitating faster deal closures and reducing negotiation time. Founded in 2020 and headquartered in Philadelphia, Pennsylvania, Common Paper has raised $5 million in funding from investors including Y Combinator, Boldstart Ventures, and Uncork Capital.
Features
- Standardized, open-source contracts for commercial transactions
- AI agents to structure contract data
- Streamlined contract management from drafting to signing
- Accelerated sales cycles
- Reduced negotiation time
- Balanced terms for both buyers and vendors
- Free, expert-drafted standard agreements
- Integration with business systems for programmatic access to contract data
Company Details
- Headquarters
- 🇺🇸 Philadelphia, United States
- Type
- Legal Tech Vendor