ThoughtTrace offers an AI-powered Document Intelligence platform that reads, organizes, and surfaces information in contracts and documents. Led by CEO Nick Vandivere and based in Houston, the technology is trained by subject-matter experts. The company’s initial product was released in 2017 serving the domestic energy sector and it has grown year-over-year while expanding energy offerings and entering new vertical markets. Today ThoughtTrace serves industries including manufacturing, real estate, technology, legal, finance, telecommunications, oil and gas, and renewable energy. The company intends to use the new funding to accelerate investment in creating AI with speed and accuracy, grow strategic partnerships and platform integrations, and expand its team of professionals.

Total raised

$10M

Funding rounds

1

Latest round

Series B

Latest activity

May 2020