- Published on
Pincites raises $3m seed round
- Authors
- Name
- Grey Baker
- @greybaker
YCombinator, Nat Friedman and Daniel Gross, General Catalyst and Liquid2 Ventures are backing Pincites to build the future of contract negotiation.
Pincites has raised a $3m seed round to build the future of contract negotiation. The round was led by Nat Friedman and Daniel Gross with participation from YCombinator, General Catalyst and Liquid2 Ventures.
Pincites was founded in June 2023. In the short time since then we've onboarded our first customers, analysed hundreds of contracts, and generated dozens of redlines that have been accepted. In short, we've demonstrated that AI can be a valuable assistant in contract negotiation.
But we've only just scratched the surface.
Over the next 12 months we'll use this funding to expand our product and business. We're already working on support for third party paper, default playbooks for common contract types, and a simple way for users to train our AI on their own contracts. We'll also be hiring engineers and designers to help us build the future of contract negotiation.
Interested in what we're building? Sign up for a free trial or get in touch.