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Malbek Raises $15.3 Million Series A Funding Round To Expand Its Proprietary Ai Core Contract Lifecycle Management Platform

Sep 28, 2021•almost 4 years ago

Amount Raised

$15.3 Million

Round Type

series a

Somerset

Description

Malbek, today's most cutting-edge, AI-fueled Contract Lifecycle Management (CLM) platform, is announcing a $15.3 Million Series A funding round led by Noro-Moseley Partners. TDF Ventures and Osage Venture Partners also participated in the round. The transaction highlights strong investor confidence in Malbek's success. Funding will be used to accelerate the company's proprietary, patent-pending AI product innovations while continuing to expand across multiple industries, bringing contracting efficiencies to businesses of all sizes.

Company Information

Company

Malbek

Location

Somerset, Pennsylvania, United States

About

Malbek is today's most modern, cutting-edge CLM solution with a proprietary AI core that empowers the enterprise to do more with less. By supporting the growing contracting demands of your entire organization, including Sales, Finance, Procurement, and other critical business units, Malbek's CLM solution delights every user. Malbek provides end-to-end contract management with out-of-the-box integration to popular business applications, like Salesforce, Workday, Slack, Office 365, and others, allowing your contract data to flow seamlessly while dramatically reducing cycle times. That's contracts reimagined! To learn more, visit www.malbek.io.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech