The MIT and Harvard-linked contract management platform developer has taken its total funding to more than $55m.
Evisort, a US-based contract management platform provider founded by researchers from Harvard University and Massachusetts Institute of Technology, has raised $35m in a series B round led by General Atlantic.
M12, a corporate venturing unit for software producer Microsoft, Amity Ventures and Vertex Ventures also took part.
Evisort’s cloud-based platform uses artificial intelligence technology to help businesses categorise and manage their contractual documents.
The company’s contract lifecycle management platform is used by business customers operating in the banking, healthcare and enterprise technology sectors.
The business will use the proceeds of the series B round to expand the offering of its platform and grow its customer success team.
Evisort has raised $55.5m of funding since it was founded in 2016.
Microsoft and Vertex Ventures co-led a $15m series A round for Evisort in 2019, with investments from Amity Ventures and Serra Ventures.
The business received $4.5m in a seed…
