Leeway (Future 40, 2020) raises 4,2M$ to build its modern and collaborative application for contract management

Leeway, one of the startups nominated at STATION F’s most promising companies in 2020 (Future 40) empowers legal teams to manage the whole contract lifecycle within a single intuitive and collaborative application.

Negotiating contracts shouldn’t be that complicated! So Antoine Fabre, Sébastien Decrême and Thibaut Caoudal decided to make it easier by creating Leeway in 2019, an intuitive and collaborative application to manage the whole contract lifecycle. Launched in beta last 2020, Leeway already has more than 30 companies using its platform – including names like Evaneos, Ifop and Voodoo – and 500 users. In 8 months, more than 10.000 contracts have already been created. They just raised 4.2M$ to accelerate their development and hire more than 20 new employees.

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Selected to be part of Future 40 in 2020, STATION F’s group of most promising companies hand picked among the 1.000 startups of the campus, Leeway completed its first  fundraising with investors like  HenQ, Kima Ventures – Xavier Niel’s VC fund – and business angels like the founders of Algolia, Eventbrite, Spendesk, MeilleursAgents, Livestorm and Luko.

“After spending one year developing the first version of our product, including six months of beta testing closer to our users, this fundraising will allow us to accelerate at any point of view. On the product part first, where we have many challenges ahead to make contract negotiation experience always more simple, but also on the business side, with the commercialisation of our solution at a global scale”, explains Antoine Fabre.

To jump to the next level, Leeway now plans to hire 20 new employees in 2021 in different roles including tech, product, marketing and customer support. In the upcoming months, they will continue to grow in order to offer the best experience of contract management on the market. “The future of contract management needs intuitive and modern solutions facilitating internal and external collaboration. We want to lead this change”, says Antoine Fabre.