About The Contract Network
The Contract Network is a company based in Atlanta (United States) founded in 2021 by Bill Murphy and Jim Wagner.. The Contract Network has raised $6.87 million across 1 funding round from investors including Mayo Clinic, TVP and Andrew Sieja. The Contract Network offers products and services including The Contract Network Platform and Metagreement™ Software. The Contract Network operates in a competitive market with competitors including Innovative Technology Partners, XO Life, Molecule, NotedSource and BioNeex, among others.
- Headquarter Atlanta, United States
- Founders Bill Murphy, Jim Wagner
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name The Contract Network Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.87 M (USD)
in 1 rounds
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Latest Funding Round
$6.87 M (USD), Series A
Aug 02, 2023
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Investors
Mayo Clinic
& 4 more
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Employee Count
Employee Count
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Products & Services of The Contract Network
The Contract Network offers a comprehensive portfolio of products and services, including The Contract Network Platform and Metagreement™ Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered tool for accelerating negotiations and compliance.
Captures contract obligations for efficient tracking and collaboration.
Unlock access to complete
Funding Insights of The Contract Network
The Contract Network has successfully raised a total of $6.87M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.87 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.9M
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First Round
First Round
(02 Aug 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - The Contract Network | Valuation | TVP |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Contract Network
The Contract Network has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mayo Clinic, TVP and Andrew Sieja. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech startups in regulated markets are funded by TVP.
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Founded Year | Domain | Location | |
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Stage-agnostic investments are conducted by Toba Capital in US companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Contract Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Contract Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Contract Network Comparisons
Competitors of The Contract Network
The Contract Network 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 Innovative Technology Partners, XO Life, Molecule, NotedSource and BioNeex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Leading expert network for healthcare and life sciences
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| domain | founded_year | HQ Location |
Pharmacovigilance and patient engagement platform is provided for pharmacies.
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| domain | founded_year | HQ Location |
Cannabis-infused beverages are developed and marketed by Molecule.
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| domain | founded_year | HQ Location |
AI-powered platform for research collaboration and expertise matching is provided.
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| domain | founded_year | HQ Location |
SaaS platform for biopharma drug licensing and partnerships is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Contract Network
Frequently Asked Questions about The Contract Network
When was The Contract Network founded?
The Contract Network was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is The Contract Network located?
The Contract Network is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of The Contract Network?
Jim Wagner is the current CEO of The Contract Network. They have also founded this company.
Is The Contract Network a funded company?
The Contract Network is a funded company, having raised a total of $6.87M across 1 funding round to date. The company's 1st funding round was a Series A of $6.87M, raised on Aug 02, 2023.
What does The Contract Network do?
The Contract Network was founded in 2021 in Atlanta, United States. A digital platform is operated to enable collaboration in clinical trials, with emphasis on reducing negotiation times for contracts. Initial focus is directed toward clinical trial agreements. Partnership with Mayo Clinic has been formed to streamline these processes. Activities are conducted within the health technology sector, supporting various contract use cases.
Who are the top competitors of The Contract Network?
The Contract Network's top competitors include Innovative Technology Partners, XO Life and Molecule.
What products or services does The Contract Network offer?
The Contract Network offers The Contract Network Platform and Metagreement™ Software.
Who are The Contract Network's investors?
The Contract Network has 5 investors. Key investors include Mayo Clinic, TVP, Andrew Sieja, LegalTech, and Toba Capital.