Poland’s Pergamin secures over $800k for its contract automation tool

Warsaw-based startup Pergamin has secured more than $800,000 in a seed round from investment company JR Holding and Nunatak Capital fund, MamStartup reports. 

Founded in 2017, Pergamin enables data-driven contract management. The business tool allows small and medium-sized enterprises to create, sign and manage online contracts. Users can monitor the status of contracts, as well as verify contractor data in external databases, automatically transfer or download information from CRM systems.

As the CEO and co-founder of Pergamin Jakub Barwaniec told, the digitalization of repetitive contract process allows to increase control over it and improve the quality of prepared documents, reducing the number of errors, as well as connected costs.

Pergamin is going to spend the raised capital on developing the product with functions based on data analysis and machine learning and acquiring new customers in the enterprise sector. The startup’s solution is already used by 10,000 users and more than 150 companies including Echo Investment, Atrium European Real Estate, Profitowi, Kross, Grupa ANG.