TermScout
AI-powered contract rating and certification platform
Product Overview
TermScout is an AI-powered contract analysis and certification platform that streamlines the contracting process by providing transparency and trust between buyers and vendors. It enables legal, sales, and finance teams to accelerate deal cycles, ensure fair terms, and build trust through automated contract reviews and certifications.
Features
- AI-driven contract analysis and benchmarking against market standards.
- Certify™ feature that issues TrustMark™ certification for fair and balanced contracts.
- Contract triage to identify agreements requiring escalation.
- Benchmarking terms against real-world agreements to identify deviations.
- Generation of contract Signals to highlight liability, indemnity, and governance issues.
Funding History
Seed
UndisclosedMay 2022
NFXGround Up VenturesKiller Whale StrategiesBridge InvestmentsUnderdog LabsThe LegalTech FundTechstarseonCapitalHilltop Venture Partners
Company Details
- Headquarters
- 🇺🇸 Denver, United States
- Founded
- 2018
- Type
- Legal Tech Vendor
- Total Funding
- $7.3M
- Funding Stage
- Seed
- Founders
- Katherine Snow, Otto Hanson, Peter Fatianow
- Investors
- Bridge Investments, Ground Up Ventures, Hilltop Venture Partners, Killer Whale Strategies, NFX, Techstars, The LegalTech Fund, Underdog Labs, eonCapital