# Clause: Information technology & services, New York, United States

> Clause: Clause is a New York-based legal technology company that offers a digital contracting platform designed for "Connected Contracting®." This...

Source: https://millionrounds.com/startup/clause (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Clause

Clause is a New York-based legal technology company that offers a digital contracting platform designed for "Connected Contracting®." This innovative platform allows legal agreemen

Funding reported Last round: Non equity assistance

Information technology & services New York, United States

Company summary

- **Founded:** 2016 10 years old
- **Team:** 34 11 to 50 people
- **Funding reported:** $6.3M in dollars
- **Last round:** Non equity assistance Dec 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Clause has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Clause

Clause is a New York-based legal technology company that offers a digital contracting platform designed for "Connected Contracting®." This innovative platform allows legal agreemen

ts to interact dynamically with real-time data from various external systems, such as the Internet of Things (IoT) and business accounting platforms. Founded in 2015 by Peter Hunn and Dan Selman, Clause was acquired by DocuSign in May 2021, integrating its smart agreement technology into the DocuSign Agreement Cloud. The core offering of Clause is a data-driven legal platform that enables businesses to create dynamic, self-executing contracts. Key features include real-time data integration, which connects contracts to APIs and enterprise systems, and automation capabilities that trigger actions like notifications and payments based on real-world events. Clause primarily serves organizations in financial services, insurance, and healthcare, helping them improve contract management efficiency and reduce lifecycle costs.

## What company datasets say Clause raised

Funding, as reported

Reported in all **$6.3M** in dollars

Rounds **4**

Last round **Non equity assistance**

Last round size **$5.5M**

Last round date **Dec 2020**

Investors listed **14**

SEC Form D **$5.0M sold, 2 filings, last Dec 2018**

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Houman B. Shadab** Executive Officer, Director, Promoter i
- **Peter G. Hunn** Executive Officer, Director, Promoter i

On the board, as filed i *Greg G. Wasserman* *Joe G. Medved* *Michael G. Dinsdale*

## The company, in detail

What they build

Known for

industrial automation information technology & services saas mechanical or industrial engineering technology legal tech computer software b2b information & internet blockchains

Built with from their website

Google Tag Manager Viewport Meta LinkedIn Ads Microsoft Azure Storage Google Font API Mobile Friendly Azure Blob Storage Apple iOS Linkedin Marketing Solutions Android

+1 more

OneTrust

- **Sector:** Information technology & services
- **Industry code:** NAICS 51321, SIC 7372
- **Region:** New York
- **Part of:** Docusign
- **Revenue:** $3.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/clause)

## Information technology & services in United States

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## Is this your company?

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