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TermScout Secures $1.25 Million Seed Funding to Grow Legal Tech Offerings and Sales

by | Jul 29, 2020 | News About Us, Press Releases

All of us at TermScout are excited to announce that we’ve closed a $1.25 million funding round – and previous $350,000 convertible note for a combined $1.6 million. The Series Seed includes investments from Hilltop Venture Partners, Techstars, and EonCapital.  See the full press release here. 

US businesses sign billions of contracts each year, spending an average of $6,900 to review even simple, low-risk contracts, according to an IACCM Research Report on The Cost of a Contract. Why spend $6,900 when TermScout offers contract review services using artificial intelligence plus real human attorneys for under $100 per contract?  

Stay tuned over the next few months as we develop the contract review comparison platform, the contract database, and launch a website offering free and premium information about the top B2B SaaS contracts.

We’ll also be expanding our team – you can learn more about joining us here.

Interested in what we are doing or in leveraging one of our offerings? Let’s talk, we’d love to hear from you.

TermScout is a Techstars Portfolio Company
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