BlackBoiler develops patented editing technology that suggests company-specific revisions to corporate documents to automate contract negotiation. Its solution can leverage data points from other AI and analytics tools to boost accuracy, lower risk, and accelerate revenue capture for clients. The company serves AmLaw 25 law firms and several Fortune 1000 organizations, including TE Connectivity. BlackBoiler holds six U.S. patents and is pursuing additional IP protection in the U.S., Canada, and Europe. Led by co-founder and CEO Dan Broderick, the company received a $225,000 SBIR grant from the National Science Foundation in 2017. It plans to use new funding to further develop its patented software capabilities and accelerate team growth.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2020