BasicApp GmbH

Contractuali is a German-based startup founded in 2022, aimed at transforming the way organizations manage their contracts. With their slogan "Transforming your contracts into the networkable, data-rich assets they should always have been," Contractuali addresses the challenges faced by organizations in managing their current contracting workloads. According to a survey, 99% of organizations find managing current contracting workloads challenging, with 78% not systematically tracking their contractual obligations. This poor contracting procedure stemming from a lack of capable technology leaves businesses open to risks, such as revenue leakage and costly legal disputes. The company offers a next-generation Contract Management and Analytics platform designed to revolutionize the contract processing methodology by turning contracts from potential liabilities into networkable, data-rich assets. By better managing, monitoring, and automating contracting activities, Contractuali aims to mitigate these risks. Though the specific industries they serve are not mentioned, their focus on utilizing technology to improve contracting processes aligns with the growing demand for digitalized solutions in various industries. As of now, there is no information available regarding their last investment or investors, but Contractuali's innovative approach to contract management presents a promising opportunity for investors looking to capitalize on the increasing need for advanced contract management solutions.