Nick Bollen (Head of Product), Edward Taylor (CEO), Ivan Savciuc (Head of Engineering), Mladen Stific (CTO) Nils Lucas

Draft, Negotiate and Sign Contracts without Redlines or E-Mails

Software as a Service
Founded in 2016
9 employees
Funding: €1.4M
Stage: Seed is used by procurement departments, commercial teams and alternative legal service providers to execute high-volumes of recurring contracts with minimal effort. Users are guided step-by-step through the process and are empowered to negotiate where necessary, within safe boundaries and using terms that have been pre-approved by their legal team. Website
Highlight of the year: Signed a global distribution partnership with Thomson Reuters.

Interview with

What inspired you to found your startup?

After 10 years running complex deals for IBM and SAP, I moved to Kenya to start a social business to tackle youth unemployment. Despite commitment from a government, NGO, university and corporate, we couldn’t agree the terms of a contract to start and I swore to NEVER see deals like this fail again.

How are you different? What is your unique value proposition?

We use data to standardise contract terms, guide users through negotiations and streamline the contracting process for companies dealing with large volumes of recurring contracts.

How do you define success for yourself and your company?

We see a future where contracts will negotiate themselves, automatically and dynamically based on the situation, goals and interests of both parties.

What do you want to achieve next year?

To see our AI-driven negotiation bot put into production by our 3 largest clients.

Why do people want to work at your company?

1. Because we’re tackling a huge problem — how to automate human negotiation.
2. Because we seek to understand and prioritise the personal interests and goals of everyone in the team.

What has been the most important milestone so far?

I can’t name one specific milestone… Every day, every week, every month we continue to celebrate every win (however large or small) along the way. was featured in “The Hundert Vol. 10 – Startups of Germany“, November 2018.

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