# Contract Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/contract-network

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.thecontractnetwork.com
- Total disclosed funding: $6.9M
- Latest round: Seed (Jul 18, 2023)
- Investors on record: 5

## About

Based in Georgia, US, and co-founded by Jim Wagner (CEO) and Bill Murphy in 2021, Contract Network Inc. operates as a developer of a contract collaboration platform for buyers and sellers. In July 2023, the firm raised USD 6.87 million in seed funding led by investor Tusk Ventures, with participation from other investors GC&H Investments, Mayo Clinic Ventures, The LegalTech Fund, and Toba Capital.

The company offers a contract collaboration platform powered by artificial intelligence, engineered to address the common pain points of contract negotiations, and expedite deal-making by up to 10 times, streamlining the process and empowering stakeholders. Leveraging generative AI, market insights, and historical data, the firm expedites contract discussions and decision-making, enabling parties to focus on the core issues. Additionally, Contract Network offers partnership solutions such as streamlined engagement management, enabling advisors to handle diverse clients, hosting a marketplace for public and proprietary contract templates and template clauses, contract lifecycle management, consultants and system integration, and ISV (Independent Software Vendor) solutions.

The company plans to utilize the July 2023 funding to support the improve its service offerings to further boost its transactions.

## Funding rounds

- Seed, Jul 18, 2023, $6.9M — Mayo Clinic Ventures, Toba Capital, GC&H Investments, Tusk Venture Partners, The LegalTech Fund

## Investors

- Mayo Clinic Ventures (https://capitalatlas.ai/funds/mayo-clinic-ventures) — Seed
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Seed
- GC&H Investments (https://capitalatlas.ai/funds/gc-h-investments) — Seed
- Tusk Venture Partners (https://capitalatlas.ai/funds/tusk-venture-partners) — Seed
- The LegalTech Fund (https://capitalatlas.ai/funds/the-legaltech-fund) — Seed