News Formal

An exclusive look at contract markup software BlackBoiler's pitch deck - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

BlackBoiler, which seeks to disrupt the $35 billion contracts industry, used this pitch deck to raise $3.2 million from investors like DocuSign and top lawyers

, an automated contract markup software that's used by Am Law 25 firms and several Fortune 1000 companies, announced a $3.2 million funding round on Wednesday.

Broderick walked Business Insider through the pitch deck the company used to attract its funding from investors, including DocuSign, which manages e-signatures for documents, as well as 10 attorneys that run the gamut from Am Law 50 partners to general counsel at large corporations.BlackBoiler He added that they reached the bottom-up figure of $35 billion by going to individual Global 1000 companies, asking them how many contracts they typically have and how much it costs to negotiate each contract."What happens in contracting is that these companies are given playbooks — essentially a rule set for how you're supposed to negotiate contracts with the counterparty," explained Broderick.

"When we talk to VCs about this piece right here, their eyes glaze over," he said with a laugh. "But when we talked to technologists about this piece, who've tried to solve this problem before, they're like, 'Oh my God, I can't believe you solved that.'" Broderick wrapped up with explaining how much they're asking for, and what the funding will be used for, both in the short- and long-term.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

PITCH DECK: Insha raises $3 million for ethical banking - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Wayflyer: VC disruptor raises $10 million from QED, investors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Ex-Microsoft manager used this pitch to win $17 million for edtech startup - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

WeWork chairman: Adam Neumann violated $185M consulting contract terms - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Peter Frampton looks back on his career and touring with The Who - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »