ContractPodAi Raises $115M, Led by SoftBank Vision Fund 2, for Global Expansion
London-based ContractPodAi, a specialist in AI-driven contract lifecycle management, has secured $115 million in Series C funding. This is the first investment in legal technology by SoftBank Vision Fund 2, which led the round, joined by Eagle Proprietary Investments.
The deal marks a significant milestone for ContractPodAi, which will utilise the funds to enhance its platform and expand globally. SoftBank's extensive networks in the Asia Pacific region are expected to open up new opportunities for the company.
SoftBank Vision Fund 2's investment is a vote of confidence in the fast-growing legal technology sector, where ContractPodAi is a leading player. The company's AI-powered CLM platform streamlines contract management, reducing manual work and enhancing compliance.
With $115 million in new funding, ContractPodAi is poised to strengthen its platform and expand its international footprint. SoftBank's involvement brings valuable networks and expertise, setting the stage for growth in the Asia Pacific region and beyond.
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