TermScout
Techstars '20Denver, US · Founded 2013 · Delaware corporation · 19 employees on LinkedIn · 9 known investors
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TermScout provides contract intelligence software that analyzes agreements, benchmarks commercial terms against market data, and generates risk signals to help legal, sales, and procurement teams execute deals faster. The company offers two products: Certify for internal contract analysis and benchmarking, and TrustMark for external certification signaling contract fairness.
Founders & leadership
BS
Brian SchwalmExecutive
MD
Mark D. FrankExecutive
CB
Christopher BurtonExecutive
CS
Chris SilvestriExecutive
Board
HD
Howard DiamondBoard director
NP
Nancy PierceBoard director
Investors · 9
Ground Up VenturesNew York · $500K – $1.5M
LegalTechFort Lauderdale
NFXSan Francisco · $250K – $5M
Rockies Venture ClubDenver · $100K – $500K
TechstarsBoulder · $220K
Bridge InvestmentsreportedChicago · $100K – $10M
Underdog LabsreportedSan Francisco · $5K – $500K
Also in the syndicate · 2
Killer Whale StrategiesThe Legal Tech Fund
Funding
SEC filings, press & company announcements$8.3M disclosed across 6 of 7 rounds · 2014–2022
- $5Mseed fundingMay 2022 · 3 sources
Ground Up Ventures (lead), NFX (lead), Bridge Investments, Killer Whale Strategies, The Legal Tech Fund, Underdog Labs
Source ↗ - Undisclosed amountSeedJul 2020Source ↗
▶$250KraisedAug 2018 · 1 investors · OtherRule 506(b)
▶$250KraisedAug 2018 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Kevin NelsonDirector
- Chris LyndeExecutive Officer, Director, Promoter
- David DeMarshDirector
- John PostDirector
- Nancy PierceDirector
- Offering amount
- $2M
- Amount sold
- $250K
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedNov 2016 · 10 investors · OtherRule 506(b)
▶$2MraisedNov 2016 · 10 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Chris SilvestriExecutive Officer, Director, Promoter
- John PostDirector
- Nancy PierceDirector
- David DeMarshDirector
- Christopher BurtonExecutive Officer
- Kevin NelsonDirector
- Offering amount
- $3.3M
- Amount sold
- $2M
- First sale
- Sep 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$180KraisedOct 2015 · 4 investors · OtherRule 506(b)
▶$180KraisedOct 2015 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Brian SchwalmExecutive Officer
- Christopher BurtonExecutive Officer
- Nancy PierceDirector
- Chris SilvestriExecutive Officer, Director
- Offering amount
- $1.7M
- Amount sold
- $180K
- First sale
- Sep 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$245KraisedMar 2015 · 4 investors · OtherRule 506(b)
▶$245KraisedMar 2015 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Howard DiamondDirector
- Brian SchwalmExecutive Officer
- Mark D. FrankExecutive Officer
- Christopher BurtonExecutive Officer
- Nancy PierceDirector
- Chris SilvestriExecutive Officer, Director
- Offering amount
- $500K
- Amount sold
- $245K
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$635KraisedJun 2014 · 8 investors · OtherRule 506(b)
▶$635KraisedJun 2014 · 8 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Mark D. FrankExecutive Officer
- Christopher L. BurtonExecutive Officer
- Chris SilvestriExecutive Officer, Director
- Brian SchwalmExecutive Officer
- Nancy PierceDirector
- Offering amount
- $635K
- Amount sold
- $635K
- Minimum investment
- $10K
- First sale
- May 2014
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
Upcounsel572 shared keywordsUpCounsel offers an online platform for businesses to work with lawyers, providing tools for team messaging, document storage and e-signature, time tracking, and invoicing and payment management for legal engagements. It is aimed at companies managing their legal work and communication with attorneys.
PandaDoc437 shared keywordsPandaDoc is a document management platform for creating, managing, tracking, and eSigning business documents such as proposals and agreements, with support for signature and payment workflows. It targets teams that handle sales and business documents and integrates with other business tools.
Juro381 shared keywordsJuro provides an intelligent contract automation platform that enables business teams to agree and manage contracts end-to-end while giving legal teams control over the process. The platform embeds automation and AI into tools business teams use daily, serving legal and business departments across organizations.
Ironclad377 shared keywordsIronclad is an AI platform for digital contract management that helps companies execute faster deals, reduce contract surprises, and measure value. The platform serves enterprise and mid-market organizations managing contract lifecycles.
Rocket Lawyer308 shared keywordsRocket Lawyer offers online legal services combining AI-assisted document creation and review with access to attorneys for consultations and personalized advice. It provides membership plans covering legal document preparation, e-signatures, legal reminders, and attorney support for individuals and businesses.
Companies competing with TermScout for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does TermScout do?
- TermScout provides contract intelligence software that analyzes agreements, benchmarks commercial terms against market data, and generates risk signals to help legal, sales, and procurement teams execute deals faster. The company offers two products: Certify for internal contract analysis and benchmarking, and TrustMark for external certification signaling contract fairness.
- Who are TermScout's investors?
- TermScout's investors include Ground Up Ventures, LegalTech, NFX, Rockies Venture Club, Techstars, Bridge Investments, Underdog Labs.
- How much funding has TermScout raised?
- TermScout has disclosed $8.3M raised across 6 of its 7 known rounds.
- Where is TermScout headquartered?
- TermScout is headquartered in Denver, US.