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Malbek Closes $3 Million in Funding with Osage Venture Partners

May 12, 2020over 5 years ago

Amount Raised

$3 Million

Round Type

seed

Somerset

Description

 Malbek, a cloud-based provider of modern contract lifecycle management (CLM) software, announced today that it has closed $3 million in funding led by Philadelphia-area venture capital firm, Osage Venture Partners.

Company Information

Company

Malbek:

Location

Somerset, Pennsylvania, United States

About

Malbek is a provider of cloud-based contract management solutions. Offering users the same consumer-style experience they enjoy on their personal devices, Malbek empowers the business user to take control through self-service configurability. Malbek's proprietary artificial intelligence (AI) engine and powerful search and filter capabilities enable Sales, Legal, Finance, and Procurement to harness the insights found in contract data. This helps to accelerate deal cycles and protect profit margins. Malbek is founded by a bi-coastal team: Matt Patel (COO) on the East coast and Hemanth Puttaswamy (CEO) and Madhu Poolu (CTO) in Silicon Valley. To learn more, visit www.malbek.io.

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