Thursday, December 5, 2024

Contracts.io Raises $50M Series B to Expand Platform

John Doe
Contracts.io Team Celebration

Today, we're thrilled to announce that Contracts.io has raised $50 million in Series B funding led by Accel Partners, with participation from existing investors including First Round Capital and Y Combinator.

Our Journey So Far

Since our launch two years ago, we've: - Helped create over 1 million contracts - Grown to serve 10,000+ businesses - Expanded our team to 75 people across 12 countries - Launched in 5 new markets

What This Means for Our Customers

This funding will enable us to:

1. Accelerate Product Development - Launch AI-powered contract review features - Expand our template library to 500+ contract types - Build advanced workflow automation tools

2. Expand Globally - Launch in 10 new countries - Add support for 15 new languages - Build region-specific compliance features

3. Strengthen Our Team - Double our engineering team - Expand our customer success organization - Build out our security and compliance teams

Our Vision

We believe that creating and managing contracts should be as simple as sending an email. This funding brings us one step closer to that vision.

Thank You

This milestone wouldn't be possible without our amazing customers, team members, and investors who believe in our mission. We're just getting started!

Stay tuned for exciting product announcements in the coming months.