Today, contract review startup TermScout announced it has raised $5 million in a seed funding round co-led by venture capital firms NFX and Ground Up Ventures. Also participating in the round were Killer Whale Strategies, The Legal Tech Fund, Bridge Investments and Underdog Labs, among others.

TermScout’s software provides contract review that uses both AI and human inputs to answer specific questions regarding an agreement, then assigns the agreement a rating based on its favorability to each party.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]