About SimpliContract
SimpliContract is a company based in Pleasanton (United States) founded in 2020 by Jinaraj Patinjakkara Gopalan, Guru Venkatesan, and Makesh Kumar. SimpliContract has raised $6.2 million across 3 funding rounds from investors including Arka Venture Labs, Kalaari Capital and Emergent Ventures. The company has 67 employees as of April 09, 2024. SimpliContract offers products and services including Contract Lifecycle Management, Contract AI Assistants, Data Extractor, and Risk Analyzer. SimpliContract operates in a competitive market with competitors including DocuSign, Sirion, Conga, Evisort and Luminance AI, among others.
- Headquarter Pleasanton, United States
- Employees 67 as on 09 Apr, 2024
- Founders Jinaraj Patinjakkara Gopalan, Guru Venkatesan, Makesh Kumar
- Stage Minicorn
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Sectors
Professional & Legal Services
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Phone
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Website
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Social
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- Legal Name Simplicontract Technologies Private Limited
- Date of Incorporation 31 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$114.59 K (USD)981.94as on Mar 31, 2022
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Net Profit
-$444.66 K (USD)-744.32as on Mar 31, 2022
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EBITDA
-$336.87 K (USD)-797.81as on Mar 31, 2022
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Total Equity Funding
$6.2 M (USD)
in 3 rounds
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Latest Funding Round
$899.67 K (USD), Seed
Nov 24, 2023
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Investors
Arka Venture Labs
& 7 more
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Employee Count
67
as on Apr 09, 2024
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Products & Services of SimpliContract
SimpliContract offers a comprehensive portfolio of products and services, including Contract Lifecycle Management, Contract AI Assistants, Data Extractor, and Risk Analyzer.
Automates contract processes from intake to execution
Assists in drafting and reviewing contracts efficiently
Extracts key data from contracts for enterprise use
Provides insights on contract risks and mitigation
People of SimpliContract
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Funding Insights of SimpliContract
SimpliContract has successfully raised a total of $6.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $899.67 thousand completed in November 2023. 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.
Investors in SimpliContract
SimpliContract has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Arka Venture Labs, Kalaari Capital and Emergent Ventures.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Seed-stage venture capital focused on enterprise AI, intelligent software, and cloud technologies.
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Investor details for SimpliContract
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Investments & Acquisitions by SimpliContract
Investment portfolio details for SimpliContract
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Financial Statements - SimpliContract
Detailed financials for SimpliContract
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Simplicontract Comparisons
Peer comparison for SimpliContract
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Competitors of SimpliContract
SimpliContract operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DocuSign, Sirion, Conga, Evisort and Luminance AI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud and AI-based electronic signatures and contract management are provided.
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AI-powered software for legal contract management is utilized.
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Contract lifecycle management is facilitated via a cloud-based platform.
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Contract lifecycle management software is developed using AI-powered intelligence.
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AI based platform for contract analytics and due diligence
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Provider of contract lifecycle management platform with AI and agentic workflows
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Detailed competitors of SimpliContract
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Latest news on Simplicontract
Complete news archive for SimpliContract
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Frequently Asked Questions about SimpliContract
SimpliContract was founded in 2020 and raised its 1st funding round 1 year after it was founded.
SimpliContract is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.
Guru Venkatesan is the current CEO of SimpliContract. They have also founded this company.
SimpliContract is a funded company, having raised a total of $6.2M across 3 funding rounds to date.
As of Apr 09, 2024, the latest employee count at SimpliContract is 67.
Annual revenue of SimpliContract is $114.59K as on Mar 31, 2022.
AI and SaaS based contract lifecycle management platform. It leverages AI and provides end to end contract management solutions for authoring and managing contracts. It offers a contract analytics solution that enables users to analyze contracts and provides insights into the contracts. Features include data extraction, document control, enterprise integration, and more. The platform supports in house legal teams, sales, finance, and procurement teams throughout the contract lifecycle, enabling communication between internal and external players.
SimpliContract offers Contract Lifecycle Management, Contract AI Assistants, Data Extractor, and Risk Analyzer.
SimpliContract has 8 investors. Key investors include Arka Venture Labs, Kalaari Capital, Emergent Ventures, Picus Capital, and Sentinel Ventures.
The valuation of SimpliContract is $7.71M as of Nov 2023.