Seal Software
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 15.6m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$4.0m | Early VC | ||
£50.0k | Early VC | ||
N/A | $9.0m | Early VC | |
N/A | Early VC | ||
$30.0m | Growth Equity VC | ||
$15.0m | Growth Equity VC | ||
$188m | Acquisition | ||
Total Funding | CAD79.2m |
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Recent News about Seal Software
EditSeal Software specializes in AI-driven contract discovery and analytics, providing solutions that help businesses manage and analyze their contracts more effectively. The company serves a diverse range of clients, including legal departments, procurement teams, and compliance officers, primarily in large enterprises and multinational corporations. Operating in the legal tech and procurement markets, Seal Software's business model revolves around offering subscription-based software as a service (SaaS). The company generates revenue through subscription fees, professional services, and customer support packages.
Seal Software's core product leverages artificial intelligence to rapidly identify and prioritize contract liabilities and risks, ensuring compliance with current and future regulations. This is particularly crucial during due diligence and post-transaction integration phases. The platform also aids in understanding obligations, incentives, and risks in vendor contracts, thereby increasing efficiency and visibility for procurement teams. Additionally, Seal Software automates routine tasks, speeds up search processes, and enables swift action, significantly enhancing the productivity of legal services.
Keywords: AI-driven, contract discovery, contract analytics, compliance, procurement, legal efficiency, SaaS, risk management, due diligence, automation.