
Contractual
Web-based platform that simplifies contracts for startups and freelancers.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
$50.0k | Acquisition | ||
Total Funding | 000k |
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Contractually was a Vancouver-based developer of a web-based platform designed for creating, collaborating on, e-signing, and storing digital contracts. The company was launched in 2015 with a focus on providing a simple, user-friendly tool for contract creation, primarily targeting small businesses and startups. Its platform featured a drag-and-drop interface, along with integrations for document storage and sharing with Google Drive and Dropbox, and e-signature capabilities.
The business model was subscription-based, offering a single pricing plan of $29 per month per user. This positioned Contractually as an accessible option for smaller enterprises that needed a straightforward contract solution without the complex features of more robust systems. The software offered services such as collaboration, contract management, and reporting. Functionality centered on simplifying contract creation rather than comprehensive lifecycle management, which is often required by medium to large enterprises.
In its early stages, Contractually secured $50,000 in funding from investors including Bootup Labs. The company was eventually acquired by Coupa, a business spend management company. Following the acquisition, the standalone Contractually platform was discontinued.
Keywords: contract creation, digital contracts, e-signature, contract collaboration, contract management software, small business legal tools, startup contract solution, web-based contract platform, document management, subscription software, Coupa acquisition, Bootup Labs, simple contract making, contract reporting, contract storage, legal tech, online negotiation, digital signature, contract lifecycle management for SMBs, document collaboration