We are thrilled to announce a significant milestone in Cequence's journey toward transforming the contract management industry. In December 2022, we successfully closed a pre-seed investment round, raising an impressive €650,000. Vision Ventures, a prominent venture capital investor with a focus on pre-seed and seed investments in Slovakia, led the funding round. This financing marks a major step forward in realizing our groundbreaking vision of revolutionizing contract management with cutting-edge technology.
Founded in 2018, Cequence quickly garnered recognition as a finalist in the prestigious Startup Awards. In 2019, we were honored to receive the esteemed Seal of Excellence. A significant milestone came when our first customer, a global Fortune 500 company with approximately 100,000 employees, embraced our solution.
Throughout our journey until 2022, we proudly bootstrapped our growth and development, paving the way for the successful pre-seed funding round.
“We are immensely grateful to Vision Ventures for recognizing the potential of Cequence and supporting us on our journey towards transforming the contract management industry. With this successful pre-seed funding round, we are well-positioned to drive innovation, expand our platform, and revolutionize contract management for businesses worldwide. We look forward to the exciting opportunities that lie ahead as we work towards our vision of a smarter and more efficient future.” said Martin RAGAN, CRO and co-founder @ Cequence.
Our vision
At Cequence, our vision is ambitious and transformative. We are determined to redefine contract management by introducing an autonomous environment that efficiently handles contracts and delivers optimal outcomes for our clients. By harnessing the power of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP), we are pioneering a smarter, more efficient future for contract management. Our goal is to empower businesses to thrive in a dynamic and ever-changing business landscape.
Our impact
The results of implementing Cequence have been extraordinary for our clients. Within a year, they experience a remarkable 50% faster contract execution, a 62% increase in compliance with obligations, and a notable 34% boost in team productivity.
Investor - Vision Ventures
Vision Ventures is a prominent venture capital investor that focuses on pre-seed and seed investments in Slovakia. With an impressive portfolio of 26 companies and an investment capability of up to €1.6 million, Vision Ventures is dedicated to supporting courageous entrepreneurs with bold ambitions to build global-scale businesses. Vision Ventures' impressive portfolio includes Vestberry, CultureBoard, Sloneek, NextRetreat, and more.
“As an active investor, we actively seek and connect ideas, people, and capital to facilitate exponential growth for companies we invest in. To Cequence, we offer not just financial support, but also our experience, skills, and energy, to help the team achieve mutual success.” commented the investment Tomáš Bél, Partner @ Vision Ventures.
