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Document Crunch
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AI software for contract management in construction
Document Crunch
Work Here?
AI software for contract management in construction
About Document Crunch
Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Early VC
Total Funding
$35.8M
Headquarters
Atlanta, Georgia
Founded
2019
Overview
DocumentCrunch simplifies contract management in the construction industry with its AI-assisted software platform, Contract CoPilot™. This tool enables construction professionals to quickly identify critical risk provisions in contracts, significantly reducing the time and resources typically spent on contract review. By translating complex legal jargon into plain English and providing a condensed playbook, DocumentCrunch makes contracts easier to understand and manage. Unlike traditional methods that require extensive manual review, DocumentCrunch offers a standardized, repeatable, and efficient approach to contract management. The company's goal is to enhance project management by making contract review less risky and more efficient, ultimately saving time for its users.
Simplify's Take
What believers are saying
- Recent $21.5M funding round boosts growth and development opportunities.
- Partnerships with Procore and Trimble enhance platform integration and functionality.
- Growing demand for AI-driven contract analysis in construction industry.
What critics are saying
- Increased competition from Trimble's self-service integration tools.
- Potential over-reliance on AI advancements may lead to vulnerabilities.
- Entry of large players like Nemetschek could pressure pricing.
What makes Document Crunch unique
- DocumentCrunch offers AI-assisted contract management tailored for the construction industry.
- Contract CoPilot™ translates legal jargon into plain English for easier understanding.
- The platform standardizes contract review, making it repeatable and consistent.
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Funding
Total Funding
$35.8M
Above
Industry Average
Funded Over
3 Rounds
Benefits
World class medical, dental, and vision benefits
Flexible Work Hours
Unlimited Paid Time Off
401(k) Retirement Plan
Company paid Short Term Disability
Paid Parental Leave
Participation in the employee stock option program
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↓ -3%2 year growth
↓ -4%Nemetschek Group from Munich has invested in Document Crunch, a US provider of AI tools for the construction industry. The platform aids construction companies in compliance, risk assessment, and optimizing contract negotiations. Recent advancements in AI, particularly large language models, have enhanced risk management and contract compliance.
Trimble App Xchange and Trimble Marketplace make it easier for contractors and software developers to build new integrations as well as find existing integrations that automatically connect applications and dataLAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) today announced enhancements to Trimble App Xchange and launched Trimble Marketplace to expand connections between applications and data across construction workflows. With App Xchange, software developers can build integrations that can be sold as ready-to-use options for customers. These integrations can be found on Trimble Marketplace, which now boasts more than 100 integrations between Trimble products and third-party solutions. The announcement was made at the annual Trimble Dimensions User Conference
Document Crunch raised $21.5 million in Series B funding, led by Titanium Ventures, with participation from Nemetschek Group, Andrews Construction, and others. Yash Patel from Titanium Ventures will join the board. The company uses AI to simplify construction contracts, addressing industry risks and misunderstandings. Previously, it raised $9 million in Series A funding. Document Crunch partners with Procore, Trimble, and Bluebeam, and serves clients like Balfour Beatty and PCL Construction.
Document Crunch will also add Yash Patel, general partner at Titanium Ventures, as a new member to its board of directors.
Document Crunch, a local startup that makes artificial intelligence-powered software for construction companies, has raised $21.5 million in its latest round of funding, the company announced Thursday.It is one of the biggest venture capital raises for a metro Atlanta company this year, according to an analysis of investments from data firm Crunchbase.
Document Crunch is Hiring for 6 Jobs on Simplify!
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About Document Crunch
Industries
Enterprise Software
AI & Machine Learning
Legal
Company Size
51-200
Company Stage
Early VC
Total Funding
$35.8M
Headquarters
Atlanta, Georgia
Founded
2019
Document Crunch is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today