Stevens & Bolton has advised long-standing client, Seal Software, the leading provider of AI powered contract content discovery and analytics solutions, on its latest equity funding.
Strategic investor DocuSign, which offers the world’s #1 e-signature solution as part of the broader DocuSign Agreement Cloud, invested $15m in Seal in March this year. The deal was an expansion of the partnership between the two companies formed last year, and which saw Seal's agreement discovery and analytics solutions offered as a pre-integrated extension to DocuSign eSignature. It also builds on the steps that DocuSign is taking to add intelligence to the DocuSign Agreement Cloud.
Stevens & Bolton LLP has advised Seal Software since the company was founded in 2010 through its early growth and recent fundraising rounds.
Oscar Horwich, Managing Associate at Stevens & Bolton, said: “We have advised Seal for nearly 10 years and it is great to be a part of its rapid growth trajectory as the business moves from strength to strength. We act for many growing tech companies through the life of the business from start-up to exit and Seal’s is a very exciting success story”.
Commenting on the deal, Laurie Brasner, General Counsel at Seal Software, said: “We can always rely on the expert legal advice and pragmatic approach of the Stevens & Bolton team. This deal had a tight timetable and we benefitted from the significant experience of the senior lawyers at S&B who we work with on a day-to-day basis.”
The Stevens & Bolton team comprised Joe Bedford (corporate partner), Oscar Horwich (corporate managing associate) and Sam Salter-Galbraith (corporate associate).
Joe Bedford