Source: Business Cloud
Manchester LegalTech Summize has reported more than 100% growth in net annual recurring revenue and doubled its customer base worldwide. It is the fourth consecutive year that the company has achieved more than 100% growth in net ARR.
The company, which is growing in the United States, counts Seat Geek, Matillion, Huel, Avaloq, Revolut and Miami Heat among its clients.
Its contract lifecycle management tools allow everyone in a business – such as sales, procurement, finance, marketing and HR – to perform contract-related requests and tasks themselves via a self-service approach, without introducing risk.
Tom Dunlop, CEO at Summize said: “Our year-on-year growth is a testament to our incredible team, product and customers who support our vision for a new approach to CLM – one that prioritises the user experience, and the way modern companies operate today. “Summize makes it simple for legal teams to automate and use AI in their contract workflows and build a CLM process the rest of the business love to use.”
Read full article: https://businesscloud.co.uk/news/summize-reports-record-growth-doubles-customer-base/
