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Terzo's mission is to unlock data-driven insights, empowering organizations to make smarter decisions and maximize value from their suppliers.
22% employee growth in 12 months
Terzo offers contract processing software which leverages AI to find and extract key spend and revenue data in contracts between companies and suppliers in a bid to deliver insights around financial and budgeting.
There’s been a groundswell of startups offering contract-building tools and AI contract analysis over the last few years – Icertis and LinkSquares have both received hundreds of millions in funding. However, it’s interesting that Terzo’s offering is more focused on financial insights than legal uses. The company may well have spotted a gap in the market with this emphasis.
Founded in 2020, Terzo is already working with some customers in the Fortune 50. It’s also managed to secure major funding as it looks to scale up significantly over the next few years.
Steph
Company Specialist at Welcome to the Jungle
Nov 2022
$16m
SERIES A
May 2021
$3.2m
SEED
This company has top investors
Brandon Card
(CEO)Experience as Enterprise Account Executive for IBM Cloud from 2013 to 2016. Enterprise Portfolio Manager for Microsoft Cloud from 2016 to 2020.
Pradeep Thangavel
(Head of Engineering)Experience as Devops Engineer for Cognizant Technology Solutions from 2011 to 2013. Devops Engineer, Lead Site Reliability Engineer, and Engineering Manager for Freshworks from 2013 to 2021.
Al Giocondi
(Director of Strategic Accounts)Experience as Co-founder and General Manager of The Claw LLC from 2011 to 2013. Enterprise Account Manager for IBM's Watson Supply Chain from 2013 to 2018.