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TermScout logo — Helping b2b tech companies close deals 80% faster through be...

TermScout

Helping b2b tech companies close deals 80% faster through better contracts.

Founded 2018 United States Denver, United States 17 employees Seed Total: $7.27M Legal Tech

General Information

Company Name TermScout
Founded Year 2018
Location United States Denver, United States
Employees 17
Industries Legal Tech
Funding Stage Seed
Social

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About TermScout

TermScout, a Denver-based legal-tech company founded in 2018, is making waves in the industry with its innovative approach to contract review. The company's slogan, "Delivering daily doses of contract market data from the world's first and largest database of Verified IT contracts," encapsulates its core mission. Specializing in Legal Tech, TermScout stands out as a valuable asset in the legal technology landscape. In its most recent milestone, TermScout secured a noteworthy $5.00M in Seed Round investment on 05 May 2022. The investment was led by a consortium of prominent investors, including Bridge Investments, Ground Up Ventures, Underdog Labs, NFX, The LegalTechFund, and Killer Whale Strategies, which signifies the market's strong belief in the company's potential. With its headquarters in the United States, TermScout continues to gain attention and support from the industry. The company's dedication to enhancing the efficiency of contract review processes makes it a compelling prospect for investors seeking opportunities in the legal-tech sector.

Taxonomy: legaltech, contract transparency, business relationships, contract review, buyer-vendor trust, contract data, vendor analysis, customer contracts, sales acceleration, cost savings, contract comparison, industry analysis, privacy compliance, contract review process

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.00M 6
Bridge Investments Ground Up Ventures Underdog Labs
Bridge Investments, Ground Up Ventures +4
05 May 2022
Seed Round $1.25M 3
Techstars Hilltop Venture Partners eonCapital
Techstars, Hilltop Venture Partners +1
29 Jul 2020
Convertible Note $350.00K -
29 Jul 2020
Pre Seed Round $370.00K 1
Techstars
Techstars
01 Feb 2020
Pre Seed Round $300.00K -
01 Jun 2019

TermScout Alternatives & Competitors

View All Alternatives
TermScout vs
LexCheck
LexCheck United States

Making deals flow faster

Series A
7 employees
AI, Legal Tech
TermScout vs
Klarity
Klarity Czech Republic

Klarity AI reviews sales contracts and returns them with annotations, redlines, and summaries, savin...

2-10 employees
B2B, Enterprise Software
TermScout vs
LegalOn Technologies
LegalOn Technologies United States

Negotiate stronger contracts faster with the global leader in AI contract review.

Series C
96 employees
Information Technology, Legal Tech
View all alternatives

FAQ About TermScout

Helping b2b tech companies close deals 80% faster through better contracts.
TermScout was founded in 2018.
TermScout is headquartered in Denver, United States.
TermScout operates in Legal Tech. Its work centres on legaltech, contract transparency, business relationships and contract review.
TermScout has approximately 17 employees.
TermScout has completed 5 funding rounds, raising a total of $7.27M. The latest funding stage is Seed.
Top alternatives and competitors to TermScout include LexCheck, Klarity, LegalOn Technologies, Lexlink AI, SimpliContract. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TermScout and LexCheck are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TermScout, https://bouncewatch.com/company/termscout, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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