Malbek, a startup that offers an AI-based Contract Lifecycle Management (CLM) platform, held a grand opening event at its new headquarters in Princeton.
The startup has had two rounds of funding, the first garnering $3 million in funding from Osage Venture Partners (Philadelphia) in 2020.
In September 2021 the company announced that it had raised $15.3 million in a Series A round, led by Noro-Moseley Partners (Atlanta) with participation from Osage Venture Partners and TDF Ventures (Chevy Chase, Md).
Matt Patel, COO and co-founder of Malbek said, “Since our founding in 2017, we have focused on using cutting-edge technology to simplify contracts and the entire CLM user experience.”
He added, “This new office provides a hybrid model for our team to enjoy a vibrant and collaborative workspace so we can continue to find new ways to delight current and future customers.”