Summize
Founded Year
2018Stage
Series A | AliveTotal Raised
$7.68MLast Raised
$5.71M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Summize
Summize is a company that focuses on providing contract lifecycle management solutions in the software industry. The company offers a range of services including contract creation, review, management, and analysis, all designed to streamline and automate the contract process. Summize primarily serves legal, sales, finance, HR, and procurement teams. It was founded in 2018 and is based in Manchester, England.
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Summize's Product Videos
Summize's Products & Differentiators
Summize Contract Requests
Summize empowers business and legal stakeholders to generate contracts in 2 minutes or less without leaving the familiar Teams or Slack chat experience. This frees up time for in-house lawyers and eliminates the time-consuming traditional contract creation methods by allowing stakeholders have easy access to predesigned and approved legal contract templates.
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Latest Summize News
Nov 16, 2023
Rachel Cunliffe to bring experience of senior positions at AppSense and Avecto to Manchester LegalTech growing in US Share: Fast-growth firm Summize has bolstered its senior leadership team with the appointment of chief financial officer Rachel Cunliffe. The Manchester-based LegalTech is a contract lifecycle management disrupter which has experienced triple-digit percentage growth in each of the last three years. Cunliffe brings a wealth of knowledge to the senior team from previous roles in senior positions at other high-growth tech businesses, including AppSense and Avecto. Summize takes a different approach to solving the contract challenge by focusing on creating a user-friendly experience within existing work tools such as Microsoft Word, Teams and Slack. “It’s such an exciting time to be joining the Summize team,” said Cunliffe. “The product is solving a genuine problem for legal professionals, and the technology is truly innovative. “I am looking forward to working with the senior leadership team and wider business as we execute on the next phase of Summize’s growth.” Tom Dunlop, CEO at Summize, added: “We’ve been fortunate to grow tremendously over the years, and yet when you look at how many in-house legal teams are continuing to struggle with their contracts process, it’s clear we’re just getting started. “Rachel has a proven track record of optimising the finance and people engines at high-growth organisations, and I know she will make an immediate impact in our business. “She is a fantastic addition to our leadership team, and I’m looking forward to working closely with her as we fuel the growth of the business in the years ahead.”
Summize Frequently Asked Questions (FAQ)
When was Summize founded?
Summize was founded in 2018.
Where is Summize's headquarters?
Summize's headquarters is located at Suite 5a & 5b, Northspring Building, Manchester.
What is Summize's latest funding round?
Summize's latest funding round is Series A.
How much did Summize raise?
Summize raised a total of $7.68M.
Who are the investors of Summize?
Investors of Summize include Maven Capital Partners, YFM Equity Partners, Charles Sharland, UK Future Fund and Northern Powerhouse Investment Fund.
Who are Summize's competitors?
Competitors of Summize include ContractPodAi, LegalSifter, Motionize, Evisort, LinkSquares and 7 more.
What products does Summize offer?
Summize's products include Summize Contract Requests and 3 more.
Who are Summize's customers?
Customers of Summize include NSight, Thought Machine, Day Wireless, Gamma and Littlefish.
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Compare Summize to Competitors
Avokaado is a company that specializes in contract lifecycle management (CLM) in the technology sector. The company offers a cloud-based platform that automates contracts and workflows, provides a secure workspace for collaboration, and enables electronic signatures. It primarily serves sectors such as hospitality, finance, healthcare, and technology. It was founded in 2016 and is based in Tallinn, Estonia.
Evisort focuses on artificial intelligence (AI) powered contract management in the technology sector. The company offers services that simplify contract management at every stage, including drafting, negotiating, analyzing, reporting, managing, automating, and collaborating. Evisort primarily sells to the legal, procurement, operations, sales, finance, and information technology (IT) sectors of the economy. Evisort was formerly known as Evisit. It was founded in 2016 and is based in San Francisco, California.
Lexion offers an artificial intelligence (AI) powered contract management and operations workflow platform. It helps to centralize the contracting process in a system. The company's AI and automation capabilities help in legal work and streamlined processes across multiple disciplines, including sales, procurement, finance, and technology. It was founded in 2019 and is based in Seattle, Washington.
Precisely is a company that focuses on digital contracting in the enterprise contract management industry. The company offers a user-friendly platform that simplifies complex contract workflows, ensuring secure and compliant contract creation, collaboration, negotiation, approval, and e-signing. It primarily serves sectors such as real estate, e-commerce, insurance, financial services, and healthcare. It was founded in 2014 and is based in Gothenburg, Sweden.
Icertis operates as a company focused on contract lifecycle management (CLM) in the technology sector. It offers an artificial intelligence (AI)-powered platform that transforms contracts from static documents into strategic assets by structuring and connecting critical contract information, thereby influencing how an organization operates. It primarily serves the technology and business sectors. The company was founded in 2009 and is based in Bellevue, Washington.
Volders operates as a contract management application. It helps to cancel car insurance, life insurance, cable connection, building contract, cell phone contract, and more. It was founded in 2015 and is based in Berlin, Germany.
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