# Contractbook

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/contractbook-aps

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.contractbook.com
- Total disclosed funding: $43M
- Latest round: Series B (May 7, 2021)
- Investors on record: 4

## About

Contractbook ApS, established in 2015 in Copenhagen, Denmark, specializes in contract management software that simplifies the creation, management, and finalization of contracts through an intuitive AI-driven platform.Contractbook ApS provides a centralized contract management solution that streamlines the contract lifecycle for businesses. Founded by Christian Bowall, Jarek Owczarek, Niels Brochner, and Viktor Heide, the company is headquartered in Copenhagen, Denmark. The latest funding round was a Series B, raising USD 30.00 mn from Tiger Global Management, Bessemer Venture Partners, Gradient Ventures, and byFounders, bringing the total amount raised to USD 30.00 mn. The company completed four deals, with the most recent deal dated May 7, 2021.Contractbook focuses on delivering a comprehensive suite of contract management tools, featuring AI-driven automation for data extraction, customizable templates, secure electronic signatures, and built-in reminders. Targeting small to mid-sized businesses in sectors such as legal, compliance, and vendor management, the platform is designed to enhance collaboration and operational efficiency, ensuring compliance and reducing manual errors in contractual processes.In the most recent year, 2016, Contractbook reported revenue of USD 8,110, while the EBITDA for 2023 stands at USD -9,070,315.70.Following the Series B funding round in May 2021, Contractbook ApS plans to utilize the USD 30.00 mn raised to develop a post-signature contract workflow and expand its operations in the UK. This strategic initiative aims to enhance their product offerings and penetrate new markets, thus broadening their customer base.

## Funding rounds

- Series B, May 7, 2021, $30M — Bessemer Venture Partners, Tiger Global Management, Gradient Ventures, byFounders
- Series A, Dec 9, 2020, $9.4M — Bessemer Venture Partners, Gradient Ventures
- Seed, Nov 19, 2019, $3.9M — Gradient Ventures, byFounders

## Investors

- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed, Series A, Series B
- byFounders (https://capitalatlas.ai/funds/byfounders) — Seed, Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B