Summize - About the company
Summize is an acquired company based in Manchester (United Kingdom), founded in 2007 by Eric Jensen, Tom Dunlop and David Smith. It operates as a Cloud based platform offering legal contract management solutions. Summize has raised $57.6M in funding from investors like Maven Capital Partners, YFM Equity Partners and Northern Powerhouse Investment Fund, with last known valuation of £*****. The company has 4003 active competitors, including 357 funded and 219 that have exited. Its top competitors include companies like HubSpot, DocuSign and Salesforce.
Company Details
Cloud based platform offering legal contract management solutions. It leverages AI that helps in contract analysis and digitalizes the legal process with summaries and workflows. The platform centralizes contract requests through teams, slack, etc thereby generating a legal task.
- Website
- www.summize.com/
- Email ID
- *****@summize.com
Key Metrics
Founded Year
2007
Location
Manchester, United Kingdom
Stage
Acquired
Total Funding
$57.6M in 5 rounds
Latest Funding Round
Last Known Valuation
£***** as on Jun 14, 2024
Investors
Ranked
29th among 4003 active competitors
Employee Count
50 as on Jun 30, 2025
Investment & Acquisitions
Exit Details
Acquired by Twitter (Jul 15, 2008)
Legal entities associated with Summize
Summize is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUMMIZE LIMITED CIN: 11421457 , United Kingdom, Active | Jun 18, 2018 | - | 50 (As on Jun 30, 2025) |
Summize's acquisition details
Click here to take a look at Summize's acquisition in detail
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Summize's funding and investors
Summize has raised a total funding of $57.6M over 5 rounds. Its first funding round was on Mar 2019. Its latest funding round was a Series B round on Jan 27, 2026 for $*****. 4 investors participated in its latest round. Summize has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Summize:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 27, 2026 | 2469504 | Series B | 4689733 | 4035316 | 2072582 | 6442219 |
Oct 25, 2022 | 3765085 | Series A | 1908272 | 2371457 | 1545446 | 8595767 |
Dec 21, 2021 | 3093985 | Seed | 3738252 | 5955502 | 4590963 |
View details of Summize's funding rounds and investors
Summize's founders and board of directors
Founder? Claim ProfileThe founders of Summize are Eric Jensen, Tom Dunlop and David Smith. Tom Dunlop is the CEO of Summize.
Here are the details of Summize's key team members:
- Eric Jensen: Former Co-Founder of Summize and founder of 3 other companies, Too Symphony, Aura Frame and Aura Frames. They serve on the board of 1 company.Contact Info: 1 email address
- Tom Dunlop: Co-Founder & CEO of Summize and founder of 1 other company. Contact Info: 3 email addresses
- David Smith: Co-Founder & CDO of Summize and founder of 1 other company. Contact Info: 1 email address
Summize's Board of Directors
Summize's board has 7 active members. Tom Dunlop is part of team and Alex Taylor-harris, Michael Stafford Elias, Michael David Clarke, Charles Alan Sharland, Jeremy Simon Harrison Thompson and Steve Klin are independent board members.Here is the list of Summize's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 0m | |
Independent board member | - | Current | 0y 5m | |
iaakyvo | Independent board member | - | Current | 8y 6m |
{yxrwhk | Independent board member | - | Current | 6y 1m |
rni{anz | Independent board member | - | Current | 8y 3m |
wodlnyo | Independent board member | - | Current | 3y 2m |
wfmokis | Independent board member | - | Past | 6y 2m |
View details of Summize's Founder profiles and Board Members
Summize's employee count trend
Summize has 50 employees as of Jun 25. The total employee count is 11.0% more than what it was in Jun 24. Here is Summize's employee count trend over the years:
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Summize's Competitors and alternates
Top competitors of Summize include HubSpot, DocuSign and Salesforce. Here is the list of Top 10 competitors of Summize, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 88/100 | |
2nd | DocuSign 2003, San Francisco (United States), Public | Provider of electronic signature and intelligent agreement management platform solutions | $520M | 87/100 | |
3rd | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
4th | Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 87/100 | |
5th | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
6th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
9th | Sirion 2012, Lehi (United States), Acquired | AI-powered contract lifecycle management platform | $171M | 75/100 | |
10th | Spotdraft 2017, New York City (United States), Series B | AI-powered contract lifecycle management solution for companies | $113M | 74/100 | |
29th | Summize 2007, Manchester (United Kingdom), Acquired | Cloud based platform offering legal contract management solutions | $57.6M | 65/100 |
Looking for more details on Summize's competitors? Click here to see the top ones
Summize's Investments and acquisitions
Summize has a total of 1 investment in Wooshii. Summize has not made any acquisitions as of now.Reports related to Summize
Here is the latest report on Summize's geography:
News related to Summize
Media has covered Summize for a total of 7 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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Summize Appoints Alexandria Lutz to General Counsel as AI Reshapes In-House Legal Contract InnovationBusiness Wire•Mar 24, 2026•Summize
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Summize Appoints Chief Revenue Officer and SVP of Customer Success to Scale Global GrowthBusiness Wire•Feb 10, 2026•Summize
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CLM Summize Secures $50M Funding, Reports 100% ARR Growth for Five YearsArtificial Lawyer•Jan 27, 2026•Summize, YFM Equity Partners, Hermes Investment Management, Maven Capital Partners and 5 others
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Summize Expands U.S. Footprint with New San Diego Office to Support Rapid GrowthBusiness Wire•Nov 05, 2025•Summize
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Summize Launches AI Redlining Solution that Mirrors True Lawyer BehaviorBusiness Wire•Oct 08, 2024•Summize
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Summize office move paves the way to planned doubling of headcountTheBusinessDesk.com•Nov 22, 2022•Summize
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