General Atlantic
Legal tech investments: Evisort
Growth equity giant General Atlantic, which has invested in buzzy fintech startups like Albert and Chime, made its first foray into legal tech in February, leading the $35 million Series B of Evisort, a contract life cycle management company. Prior to COVID, the legal landscape was a traditional, paper-based industry ripe for disruption, said Alex Crisses, a managing director at the firm. We see the automation of contract management and the utilization of AI in a legal tech capacity as one of the great themes of 2021 and beyond.
General Atlantic looks for investments in technology that are highly differentiated, Crisses told Insider. Crisses said Evisort s tech covers a wide range of use cases, can be speedily implemented, and ultimately delivers strong return on investment. This is a classic
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