AI-powered contract platform provider Document Crunch, situated in Atlanta, GA, has secured $9 million in Series A funding.
Argonautic Ventures, Fifth Wall, Ironspring Ventures, and Zacua Ventures and Navitas Capital joined the funding round.
The company plans to expand its workforce and continue creating solutions for project teams that must adhere to contracts while building contract execution during construction.
“Our risk review solution has gained significant traction over the past few years, and it has become abundantly clear there is an even greater need to empower project teams and de-risk contract compliance. When it comes to backing solutions that have gained widespread adoption within our industry, Navitas has an unparalleled record. It is the perfect partnership at the perfect moment in time.”
Josh Levy, CEO
Under the leadership of CEO Josh Levy, Document Crunch is a contract intelligence platform that uses in-house AI and machine learning to streamline construction contracts, identify crucial risk provisions fast, and offer advice so teams can make smart decisions all the way through the project lifecycle.
