# Akorda Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akorda

- Industry: Business Support Services
- Headquarters: San Francisco, US
- Total disclosed funding: $4M
- Latest round: Seed (Feb 1, 2021)
- Investors on record: 3

## About

Based in California, US, and founded in 2017 by its CEO Derek Schueren, CTO Peter Charles, and CCS Kingsley Martin, Akorda Corporation operates as a technology company that empowers enterprises to streamline their contract processes. In September 2023, Legal Sifter, Inc., a portfolio company of Birchmere, Carrick Capital Partners, Cypress Growth Capital, Factor Law, and Open Field Entrepreneurs Fund, acquired Akorda from Aspect Ventures, Bloomberg Beta, and Revel Partners. 

Akorda Corporation product is an AI-driven contract management solution designed to empower enterprises. Leveraging state-of-the-art AI algorithms, Akorda automates various aspects of contract handling, from creation and negotiation to compliance monitoring. This transformative technology reduces the time and risk associated with contract management, allowing businesses to optimize their operations and achieve better outcomes.

## Funding rounds

- Seed, Feb 1, 2021, $4M — Revel Partners, Bloomberg Beta, Aspect Ventures

## Investors

- Revel Partners (https://capitalatlas.ai/funds/revel-partners) — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed
- Aspect Ventures (https://capitalatlas.ai/funds/aspect-ventures) — Seed