About Parley Pro
Parley Pro is a Professional & Legal Services company based in Menlo Park (United States) founded in 2014, and was acquired by LexisNexis in May 2022. Cloud-based contract lifecycle management software is provided for teams. Parley Pro has raised $3.6 million across 2 funding rounds from investors including LexisNexis. The company has 9 employees. Parley Pro offers products and services including CounselLink Software. Its focus areas include Enterprise Applications, Legal Tech and Enterprise Legal Management(Suite). Its legal entity is PARLEY PRO INC. Its competitors include DocuSign, Sirion and Conga; 3 of its 3 listed competitors have raised funding.
Company details
Parley Pro was founded in 2014 and is headquartered in Menlo Park, United States. Cloud-based software for contract lifecycle management is offered in the legal technology sector. Collaborative editing of contracts by team members is enabled, along with interactive dashboards for tracking negotiations and key milestones such as renewals. Integrations with Box, DocuSign, and Adobe Sign are supported, in addition to contract templates.
- Headquarters Menlo Park, United States
- Employees 9
- Stage Acquired
- SectorsProfessional & Legal Services
- Website parleypro.com
- Social LinkedIn X
- Acquired by LexisNexis (May 2022)
- Legal Name Parley Pro Inc.
- Total Equity Funding$3.6M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Debt – Conventional
Oct 2020
- Investors
- Employee Count9
- Acquired byLexisNexis
(May 2022)
Products & Services of Parley Pro
Parley Pro offers a comprehensive portfolio of products and services, including CounselLink Software.
Software for reviewing and tracking legal invoices and budgets.
Funding Insights of Parley Pro
Parley Pro has successfully raised a total of $3.6M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.6M
- Total Rounds 2
- Last Round Debt – Conventional — $2M
- First Round $3.6M
(Apr 2018)
All 2 funding rounds of Parley Pro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $2M | Debt – Conventional | – | – | – |
| Apr 2018 | $3.6M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Parley Pro
Parley Pro has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LexisNexis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Legal, risk, and data analytics solutions are provided globally. | 1970 | lexisnexis.com | United States |
Investor details for Parley Pro
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Verified entity values are shown only after access is granted.
People of Parley Pro
11 people are tracked at Parley Pro (2 in board & advisors, 9 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
Kelly Slavitt | Advisory Board Member | Board & advisors |
Phil Strauss | Advisory Board Member | Board & advisors |
Kemal Smaylov | Senior Javascript Developer | Team |
Seyar Chapuh | Senior Frontend Developer | Team |
Евгений Богатнов | Junior Java Developer | Team |
Elina Dyadyurko | Marketing Specialist | Team |
Leonid Y. | Lead Java Developer | Team |
Viktor Maksimov | Java Software Engineer | Team |
Anna Kotova | Content Manager | Team |
Ilia Mizunov | Senior Java Software Developer | Team |
Dmitry Azaryev | QA Lead / BA | Team |
Complete people profiles for Parley Pro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Parley Pro
4 dated milestones of Parley Pro across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Parley Pro is founded.
- Funding First funding round of $3.6M.
- Funding Latest funding round, Debt – Conventional, of $2.0M.
- Exit Acquired by LexisNexis.
Competitors of Parley Pro
Parley Pro has 3 listed competitors in our database, 3 of them funded. They include DocuSign, Sirion and Conga.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| docusign.com | 2003 | San Francisco, United States | $520M | 6,840 | Cloud and AI-based electronic signatures and contract management are provided. | |
| sirion.ai | 2012 | Lehi, United States | $170.95M | 69 | AI-powered software for legal contract management is utilized. | |
| conga.com | 2006 | Broomfield, United States | $140.09M | 266 | Contract lifecycle management is facilitated via a cloud-based platform. |
Detailed competitors of Parley Pro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Parley Pro
The website of Parley Pro (parleypro.com) receives about 9.6K visits a month.
- Monthly visits9.6K
▼ 9.5% vs previous month
Top companies in Legal Tech
3 companies that operate in the same segment as Parley Pro (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | |||
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 |
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Related news about Parley Pro
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Frequently Asked Questions about Parley Pro
Parley Pro was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Parley Pro is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Parley Pro is a funded company, having raised a total of $3.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.6M, raised on Apr 2018.
Parley Pro has 9 employees.
Parley Pro was founded in 2014 and is headquartered in Menlo Park, United States. Cloud-based software for contract lifecycle management is offered in the legal technology sector. Collaborative editing of contracts by team members is enabled, along with interactive dashboards for tracking negotiations and key milestones such as renewals. Integrations with Box, DocuSign, and Adobe Sign are supported, in addition to contract templates.
Parley Pro offers CounselLink Software.
Parley Pro has 1 investor. Key investors include LexisNexis.
Parley Pro operates through Parley Pro Inc..
Yes. Parley Pro was acquired by LexisNexis in May 2022.