Concord, a San Francisco, CA-based contract management platform, raised $3.7m in funding.
The round was led by Alven Capital with participation from previous investors Streamlined Ventures, Bruno Deschamps, and Thibault Poutrel, who joined Cota Capital and Tien Tzuo, CEO and Cofounder of Zuora.
The investment will be used to scale the marketing and sales organizations.
Led by CEO Matt Lhoumeau, Founded in 2015 and headquartered in San Francisco, Concord is a contract management platform that enables 80,000 companies around the globe to connect all of their people, processes, and contracts on a single platform. Features include online negotiation and editing, deadline alerts, and approval workflows.
The solution is used by enterprise-level companies like Just Eat, Crédit Mutuel, and Stanford University.
In addition to the funding, Ryan Ward, formerly Head of Enterprise Sales at Signifyd, and Travis Bickham, formerly Head of Enterprise Marketing at Tradeshift, have both joined the executive team as Director of Sales and VP of Marketing.