The legal-tech startup Priori is entering a new phase after a year of growth in which the company said its revenue soared by more than 250%. The startup raised $15 million in its latest round, led by Eagle Proprietary Investments Limited, with new investors including Thomson Reuters Ventures, Thirty-Five Ventures, Peak6 Strategic Capital and Soma Ventures, and existing investors like Bridge Investments, Great Oaks Venture Capital and HearstLab. The round will fuel its growth, cofounders Basha Rubin and Mirra Levitt, told Insider.
LONDON, U.K – September 30, 2021 – ContractPodAi, the award-winning provider of the AI-powered contract lifecycle management (CLM) led ‘One Legal Platform’, today announced a USD $115 million Series C investment headed by SoftBank Vision Fund 2. This latest round saw ContractPodAi’s valuation increase 5x from its previous Series B round in 2019. As part of the transaction, Ayush Jain of SoftBank Investment Advisers will join the ContractPodAi Board. Proceeds from the round will go towards further accelerating ContractPodAi’s platform
Isthara Parks a co-living operator, has raised fresh round of capital from JM Financial Private Equity, an existing investor, along with Dubai-based Eagle Proprietary Investments Ltd and a few family offices. The investors will pick up a significant minority stake in the company. The company has raised a total of $11 million of external capital so far. The latest fundraise will help Isthara to capitalize on the growth momentum and further bolster its leadership position in the co-living and student housing sector
Dubai-based Eagle Proprietary Investments Limited has announced its successful exit from its debt investment in The Cobble Hill House, an upscale residential condominium development in Brooklyn, New York valued at over $75 million. The Cobble Hill House is a new, 27-unit residential development built in the highly desirable neighbourhood featuring luxurious condominiums and amenities with views of Downtown Manhattan. In April 2017, Eagle led the structuring of a senior secured construction loan secured against the land and building rights of the project.
The company says the investment is Europe’s largest legaltech Series B fundraise and the largest Series B round for any CLM provider globally. ContractPodAi is an end-to-end solution for all three aspects of contract management: contract generation, contract repository, and third-party review. Its technology uses AI to streamline all areas of the contract management process, massively reducing the burden on corporate in-house legal teams and transforming them to tech-enabled value centres for the wider business. Founded in 2012, ContractPodAi now serves customers
LONDON–(BUSINESS WIRE)–ContractPodAi®, the award-winning provider of AI-powered contract lifecycle management software, announced that Inmarsat, the world leader in global mobile satellite communications, has selected and successfully integrated ContractPodAi’s platform to support its document and contract management. The innovative ContractPodAi solution will help Inmarsat to digitally transform its procurement, contract operations and legal department’s contract management processes and increase efficiencies in the organization. The competitive tender process was led by Inmarsat’s procurement team, working closely together with legal, which had identified the
As part of its real estate investment strategy,]Eagle and its US based partners led a joint venture to acquire two income generating class A institutional quality office buildings totaling over 310,000 sq ft with a total value of approximately $70 million in the US. At the time, more than 90% of the office buildings were occupied and leased to a diverse mix of high-quality tenants. Eagle Investments adopts a sub sector agnostic approach and tends to focus on strong yield components in
Dubai: Eagle Proprietary Investments, the Dubai-based financial investment arm of National Industries Group (NIG), announced on Tuesday that it has acquired Colombo Stock Exchange stock brokerage firm Heraymila Securities Limited and asset management firm Heraymila Capital (Pvt) Limited. According to a media statement, the companies are to be rebranded as Candor Equities Limited and Candor Asset Management (Private) Limited. The strategic acquisition will give Middle Eastern investors greater access to Sri Lankan capital markets and financial advisory services, while bringing international management
Eagle Proprietary Investments Ltd (‘Eagle’) – a leading growth equity investment firm specializing in a globally diverse mix of financial sector investments – and New York-based Accordion Partners LLC (‘Accordion’) have launched a Middle East JV to offer Accordion’s services to the MENA region. Accordion will be represented in Dubai by Eagle Investments Limited. Accordion is a new model financial services firm deliver cost-effective deal and project execution services to private equity firms and corporate development groups. Clients turn to
Eagle Investments Limited (‘EIL’) has arranged a conventional KD 25 million (c. $ 89 million) Exchangeable facility for Kuwait-based National Industries Group Holding (‘NI Group’). Proceeds from the financing will be used to pay off NI Group’s maturing $475 million sukuk, due August 16, 2012.