Flashpoint announced its exit from the document management service Clausematch, marking the fund’s 15th exit, it said in a statement.
Flashpoint invested in Clausematch in a $10.8 million round through the Flashpoint I VC debt fund in 2022. The buyer of the fund’s stake was Cortylics, which works with global financial institutions and regulators. As a result of the deal, Clausematch founder and CEO Evgeny Likhoded will assume the chairmanship of Corlytics.
- Clausematch provides a single, centralized repository for business-critical documents, lets you set up shared access to documents, work with them, leave comments, questions and answers, and more. The company was founded in 2012 by Andrey Dokuchaev and Evgeny Likhoded.
According to Crunchbase, Clausematch has closed eight investment rounds during its existence for a total of $21.1 million, while the last round, according to the service, took place in October 2021 (so the platform does not take into account the agreement with Flashpoint). .
- Flashpoint was founded in 2012 by Russian financiers Alexander Konoplyasty and Mikhail Salontai. Flashpoint invests in software companies based in Europe and Israel that do business internationally.
The fund has invested in companies such as Shazam, ivi, Dostavista (Borzo), digital concierge ByNext, and transportation service Fura.
Author:
anastasia marina
Source: RB
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