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SirionLabs Raises $44M Series C for First of Its Kind CLM Platform That Uses AI to Help Businesses Manage the Performance of Contracts

May 13, 2020•over 5 years ago

Amount Raised

$44 Million

Round Type

series c

Description

Can artificial intelligence help businesses keep their contractual promises and reduce invoice leakage in today’s subscription economy? Customers of SirionLabs, the AI-powered contract lifecycle management (CLM) platform, have done so. Having saved more than $2.2B for their customers, the company today announced it has raised a $44M Series C Round led by Tiger Global and Avatar Growth Capital. The round brings SirionLabs’ total capital raised to $66M to date, with earlier rounds led by Sequoia Capital India.

Company Information

Company

About

AccelFoods is an early-stage venture fund investing in consumer products. We partner with entrepreneurs to bring innovative, high-quality food and beverage products to the forefront of the industry and create the next generation of enduring brands. With nearly $40m under management, we are hands-on partners that work tactically with our founders to scale their businesses quickly and smartly. We connect the dots within the broader food & beverage ecosystem to provide unique access, share distinct expertise, and build solid infrastructure.

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