# ContractHero

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.contracthero.com
- Total disclosed funding: $2.3M
- Latest round: Seed (May 30, 2023)
- Investors on record: 6

## About

Established in 2020 and based in Berlin, Germany, ContractHero GmbH operates as an online platform that provides contract management and automation services for business enterprises. Sebastian Wengryn and Gerry C. Koch (CFO and CPO) are the co-founders of the company. In July 2023, ContractHero GmbH raised EUR 2.15 million in seed funding from Coparion and VR Ventures Management GmbH, including Swiss Post Ventures, Venista Ventures, and xdeck. As of 2023, the company’s clients include Eurowings, Finvia, Clark, Instone Real Estate, Schuttflix, and others.

The company provides contract management software that provides a comprehensive solution for companies to streamline and optimize their contract processes. With a wide range of tools and features, the firm helps businesses import and export contracts, standardize and maintain contract details, manage tasks and reminders, control access rights, and digitally sign contracts. The software also offers OCR text recognition, allowing users to search documents and extract data.

ContractHero ensures automated deadline management by sending timely reminders for upcoming deadlines and contract renewals, helping businesses avoid unnecessary costs. One of the key features of ContractHero is its central rights management, which allows users to define individual user access to contracts. The software also offers multi-client capability, enabling businesses to manage multiple companies, locations, teams, or clients from a single platform.

The startup generates revenue through its pricing plans, which include the start plan for EUR 199, the grow plan for EUR 299, and the pro plan for customized pricing.

The organization plans to use the July 2023 funding to expand its talent acquisition and product development.

## Funding rounds

- Seed, May 30, 2023, $2.3M — Venista Ventures, Redstone, Coparion, Swiss Post Ventures, xdeck.ventures, MM Opportunity Ventures GmbH

## Investors

- Venista Ventures (https://capitalatlas.ai/funds/venista-ventures) — Seed
- Redstone (https://capitalatlas.ai/funds/redstone) — Seed
- Coparion (https://capitalatlas.ai/funds/coparion) — Seed
- Swiss Post Ventures — Seed
- xdeck.ventures (https://capitalatlas.ai/funds/xdeck-ventures) — Seed
- MM Opportunity Ventures GmbH — Seed