Contractbook ApS

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Contractbook ApS - overview

Established

2015

Location

Copenhagen, -, Denmark

Primary Industry

Software

About

Contractbook ApS, established in 2015 in Copenhagen, Denmark, specializes in contract management software that simplifies the creation, management, and finalization of contracts through an intuitive AI-driven platform. Contractbook ApS provides a centralized contract management solution that streamlines the contract lifecycle for businesses. Founded by Christian Bowall, Jarek Owczarek, Niels Brochner, and Viktor Heide, the company is headquartered in Copenhagen, Denmark. The latest funding round was a Series B, raising USD 30.


00 mn from Tiger Global Management, Bessemer Venture Partners, Gradient Ventures, and byFounders, bringing the total amount raised to USD 30. 00 mn. The company completed four deals, with the most recent deal dated May 7, 2021. Contractbook focuses on delivering a comprehensive suite of contract management tools, featuring AI-driven automation for data extraction, customizable templates, secure electronic signatures, and built-in reminders.


Targeting small to mid-sized businesses in sectors such as legal, compliance, and vendor management, the platform is designed to enhance collaboration and operational efficiency, ensuring compliance and reducing manual errors in contractual processes. In the most recent year, 2016, Contractbook reported revenue of USD 8,110, while the EBITDA for 2023 stands at USD -9,070,315. 70. Following the Series B funding round in May 2021, Contractbook ApS plans to utilize the USD 30.


00 mn raised to develop a post-signature contract workflow and expand its operations in the UK. This strategic initiative aims to enhance their product offerings and penetrate new markets, thus broadening their customer base.


Current Investors

Gradient Ventures, byFounders, Bessemer Venture Partners

Primary Industry

Software

Sub Industries

Application Integration Software, Content Management Software, Legal Software, Monitoring & Security Software

Website

www.contractbook.com

Verticals

Blockchain, Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Contractbook ApS - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)(274,069)54,554--------
% Revenue Growth (YoY)-119.9%--------
EBITDA (USD)(274,069)(506,657)(1,578,491)(2,688,876)(3,429,275)(9,733,184)(32,326,833)---
Operating Income (USD)(274,069)(506,657)(1,639,091)(2,922,676)(4,288,719)(11,847,420)(36,236,964)---
Operating Margin100.0%(928.7%)--------
% EBITDA Margin100.0%(928.7%)--------
NET Income (USD)(213,774)(506,680)(914,368)(2,511,752)(3,713,611)(9,801,256)(31,789,359)---
% Net Margin78.0%(928.8%)--------

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