Kaveat
VerifiedFinancials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 133 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Spinout | |
$100k | Seed | ||
Total Funding | €90.9k |
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Recent News about Kaveat
EditKaveat is a startup that operates in the contract management space, specifically targeting the media and entertainment industries. The company has developed an artificial intelligence (AI) powered platform that automates and simplifies the contract lifecycle. This platform is designed to help businesses manage their contracts more efficiently, thereby gaining a competitive edge in their respective markets.
Kaveat's platform serves a diverse range of clients, from growing businesses to global enterprises. It caters to various teams within these organizations, including sales, operations, finance, IT, procurement, marketing, and legal teams. The platform's key feature is its ability to provide data-driven insights that are both market-wide and contract-specific, enabling businesses to make informed decisions and strengthen their deals.
The company's business model revolves around its AI-powered platform. Clients upload their contracts onto the platform, which are then reviewed and optimized by Kaveat's intelligent algorithms. These algorithms identify areas for improvement, provide industry benchmarking data, and suggest actionable steps for streamlining contract management processes. The platform also features an automatic redlining tool, which helps clients edit, share, and update their contracts to fit their needs and standards. All contracts are stored in a user-friendly dashboard, where clients can track the status of their reviews, send alerts, and store relevant deal documents.
Kaveat generates revenue by charging its clients for using its platform. The company also offers white glove customer service, which includes integration into clients' Slack workspaces and training for new hires.
Keywords: Contract Management, Artificial Intelligence, Media and Entertainment, Data-Driven Insights, Contract Lifecycle, Streamlining Processes, Intelligent Algorithms, Industry Benchmarking, Automatic Redlining, Customer Service.