Summize

Deal Type
Growth Capital | Private Equity

Initial Investment
May 2019

Sector
Technology

Fund
Growth Capital
Buyout Fund
Private Equity

Status
Current

Summize is an intelligent SaaS contract management solution that helps clients digitalise and modernise their contract lifecycles, making it easier and faster to review, create, and manage contracts.

Summize's AI-powered technology generates intelligent contract summaries, streamlining workflows and enhancing collaboration between legal and business teams. This accelerates the contract process, giving legal teams greater visibility and control while empowering business colleagues to self-serve. Users of the platform are estimated to save up to 85% of the time typically spent on contract review.

The platform seamlessly integrates with existing solutions and its software is used by recognisable brands including NCC Group, Vodafone, NBrown, Fujifilm, and many more. Founded in 2018, Summize has experienced rapid growth by taking a disruptive approach to a traditional sector and through funding with YFM Equity Partners looks to build its presence in the US and further develop its Contract Lifecycle Management (CLM) technology. 

Summize

We founded Summize to bring contract clarity to the entire business, and Maven, along with our additional investors, has been a key partner in supporting that mission. Contracting shouldn’t be a bottleneck for growing midsize companies, so our goal is to help in-house legal teams use AI to reduce manual work and spend more time as strategic partners and business accelerators.

Tom Dunlop, Co-founder and CEO at Summize

Meet the lead executive(s)

Jeremy Thompson
Jeremy Thompson

Partner