The AI-powered contract platform Evisort announced Thursday that it had closed a $15 million Series A funding round. Participants included Vertex Ventures, Amity Ventures, Serra Ventures and—perhaps the most recognizable name of the bunch—Microsoft Corp.’s M12 venture fund.

News of the funding round comes almost a year after Evisort first launched in December 2018, which was followed shortly thereafter by a $4.5 million seed funding round the following February. The platform leverages AI to read a variety of legal documents—contracts, invoices, statements of work, purchase orders—and classifies or tracks key provisions.

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