To help their contractor clients improve their contract management and negotiation practices, AXA XL and Document Crunch have teamed up to launch a Contract Review Benchmarking service.

“We realized Document Crunch has people we want to work with, at a stage in which we can help the most, in an industry we know, with a need for our collective experience and abilities.”

Being a lawyer for a major general contractor comes with many challenges. The organization often relies on this individual to take a bird’s eye view of the enterprise’s risk profile, and to create strategic systems and processes to manage risks most effectively.

The news is now out that Document Crunch has completed its Seed Round led by Zacua Ventures, with additional participation from other funds such as Fifth Wall, Argonautic Ventures, GTM Fund, Blue Collar Capital, Holt Ventures, and Dysruptek.

We started Document Crunch with a simple goal: to help you understand and manage contract risk in construction. Our idea was to marry our industry experience and legal expertise with artificial intelligence to make it faster, better, and more accessible.