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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.
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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
Ranked
Employee Count
50 as on Jun 30, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Twitter (Jul 15, 2008)

Summize's acquisition details

Summize got acquired by Twitter on Jul 15, 2008 at an acquisition amount of $*****.
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:lockFilter this list
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
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Summize's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Summize
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HubSpot
HubSpot
2005, Cambridge (United States), Public
Provider of a platform offering marketing, sales, and customer service software
$101M
88/100
2nd
Logo for DocuSign
DocuSign
2003, San Francisco (United States), Public
Provider of electronic signature and intelligent agreement management platform solutions
$520M
87/100
3rd
Logo for Salesforce
Salesforce
1999, San Francisco (United States), Public
Provider of a platform delivering customer relationship management and cloud solutions
$52M
87/100
4th
Logo for Coupa
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
Logo for Freshworks
Freshworks
2010, Chennai (India), Public
Provider of IT service management and customer support solutions
$400M
84/100
6th
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$307M
77/100
7th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud-based business software suite for diverse operational requirements
-
-
76/100
8th
Logo for Concur
Concur
1988, Bellevue (United States), Acquired
Provider of travel, expense, and invoice management solutions for businesses
-
75/100
9th
Logo for Sirion
Sirion
2012, Lehi (United States), Acquired
AI-powered contract lifecycle management platform
$171M
75/100
10th
Logo for Spotdraft
Spotdraft
2017, New York City (United States), Series B
AI-powered contract lifecycle management solution for companies
$113M
74/100
29th
Logo for Summize
Summize
2007, Manchester (United Kingdom), Acquired
Cloud based platform offering legal contract management solutions
$57.6M
65/100
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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

lockFilter this list
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.
CLM Summize Launches Agentic AI CapabilitiesArtificial LawyerApr 29, 2025Summize
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