Demonstrating that there’s a robust market for contract management solutions, LinkSquares, a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. The tranche, which had participation from new investor G2 Venture Partners as well as existing backers, brings the startup’s total funding to $161.4 million at an $800 million valuation.
“With this new investment, we will continue to grow our business with in-house legal teams, continue to grow our presence in international markets, like Canada, the U.K. and Australia, [and build a] multi-product suite that expands beyond contract lifecycle management into other use cases for in-house legal teams,” CEO Vishal Sunak told TechCrunch via email. “[We] think that … there’s an opportunity to build more products that the entire legal team can use in areas like intellectual property management, outside counsel, [and] governance risk compliance.”
Founded in 2015, LinkSquares was inspired by Sunak’s and Chris Combs’ work with contracts and due diligence over the course of a company acquisition. Combs was leading business development at Backupify when it was acquired by data backup company Datto, now owned by Vista Equity Partners, in 2015, while Sunak was serving as Datto’s operations director.
