Summize

Canaccord Genuity acts as Financial Adviser to Summize on its investment from Kennet Partners, Maven Capital Partners, YFM Equity and Federated Hermes Private Equity

Canaccord Genuity is pleased to announce that it has advised Summize, a leader in AI Contract Lifecycle Management (CLM) software, on its $50 million investment to accelerate its next phase of growth. The new investment included participation from existing investors Maven Capital Partners and YFM Equity Partners and welcomed new specialist tech investment firm Kennet Partners and global investor Federated Hermes Private Equity.

Summize helps in-house legal teams manage contracts within popular software applications, including Microsoft Word, Outlook, Microsoft Teams, Slack, Salesforce, and HubSpot, enabling maximum efficiency, accuracy and speed. Built on its CLM platform and using agentic AI, Summize applies legal context to ensure accuracy and trust in the contracting process. Summize also leverages AI to extract insights and knowledge from financial documents, compliance materials, handbooks, and regulatory content, surfacing important information in the right tools at the right time.

The new funding follows five consecutive years of more than 100% ARR growth as the company has scaled globally.  The funding will enable further expansion of the company’s product capabilities, team and customers globally.