The SAFE for commercial contracts
Company is active
Event Year: 2022
Company is active
Event Year: 2022
Common Paper offers a contracting platform designed to streamline the deal-closing process for startups, enabling faster transactions with reduced risk. The platform provides standardized, open-source contracts for various commercial interactions, including NDAs, DPAs, and sales agreements. These contracts function similarly to the SAFE agreement, but are tailored for customer-vendor relationships. By utilizing a standardized format, Common Paper ensures that contract data is structured from the outset.
In addition to the contract templates, Common Paper develops software to efficiently manage these standardized contracts. This software is designed to accelerate sales cycles and provide programmatic access to contract data for integration with other business systems. With tens of thousands of downloads of their standard contracts and a reported 63% contract closure rate within 24 hours on their system, Common Paper demonstrates its effectiveness in simplifying and expediting the contracting process.
Common Paper offers a contracting platform designed to streamline the deal-closing process for startups, enabling faster transactions with reduced risk. The platform provides standardized, open-source contracts for various commercial interactions, including NDAs, DPAs, and sales agreements. These contracts function similarly to the SAFE agreement, but are tailored for customer-vendor relationships. By utilizing a standardized format, Common Paper ensures that contract data is structured from the outset.
In addition to the contract templates, Common Paper develops software to efficiently manage these standardized contracts. This software is designed to accelerate sales cycles and provide programmatic access to contract data for integration with other business systems. With tens of thousands of downloads of their standard contracts and a reported 63% contract closure rate within 24 hours on their system, Common Paper demonstrates its effectiveness in simplifying and expediting the contracting process.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2023
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2023
B2B
B2B
B2B -> Sales
B2B -> Sales
Team size: 8
Hiring: No
Team size: 8
Hiring: No