# ContratosApp, S.A.P.I. de C.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/contratosapp-s-a-p-i-de-c-v

- Industry: Software
- Headquarters: Mexico City, Mexico
- Website: www.trato.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 14, 2017)
- Investors on record: 1

## About

ContratosApp is a Mexico City-based company that offers an AI-powered contract lifecycle management platform, designed to streamline the drafting, negotiation, and signing of contracts for various sectors including finance and education.Founded in 2014 in Mexico City, ContratosApp provides a contract lifecycle management solution that enhances contract creation and management efficiency. The company has executed 2 deals, with its most recent deal occurring on May 29, 2019, when it raised USD 0.35 mn from Dux Capital. The founder and CEO is Ignacio B, who has a history of entrepreneurial endeavors.TRATO CLM offers a robust contract lifecycle management platform designed to expedite the processes of drafting, negotiating, and signing contracts. Its core product revolves around streamlining contract creation through an AI-powered platform that provides template and clause libraries, allowing users to generate comprehensive drafts in under two minutes. The platform centralizes document management, offering a secure repository where users can manage permissions and maintain a complete history of contract changes, ensuring compliance and audit readiness. The company serves a diverse customer base that includes over 160,000 users across various sectors, including finance, education, and energy, with notable clients such as DIAVAZ Energía and Conekta Financiera. TRATO's solutions are marketed primarily in the United States, Mexico, Latin America, and Europe, addressing the needs of both legal teams and business users with no required training.TRATO CLM generates revenue through subscription-based models tailored for businesses of varying sizes, including startups, small to medium-sized enterprises (SMBs), and larger enterprises. The company offers different pricing plans based on the scale and specific needs of its clients, including options for individual users as well as team or enterprise-wide access. Clients engage with TRATO's services through direct subscriptions, which enable them to access features such as AI-driven insights, automated compliance checks, and a library of industry-specific templates. The structure of these transactions facilitates a recurring revenue stream, with clients benefiting from ongoing support and updates within the platform to enhance their contract management processes. TRATO's flagship products are built to simplify contract workflows, significantly reducing processing times and improving visibility and control over contractual agreements.In May 2019, ContratosApp raised USD 0.35 mn in venture funding to further its growth initiatives. The company intends to enhance its platform capabilities by developing new products that are slated for launch in the near future, focusing on advanced AI features. Additionally, ContratosApp plans to expand its market presence into new regions, specifically targeting growth in Europe and Latin America, with efforts expected to ramp up by 2024.

## Funding rounds

- Seed, Aug 14, 2017, $0.1M — Avalancha Ventures

## Investors

- Avalancha Ventures (https://capitalatlas.ai/funds/avalancha-ventures) — Seed