Big news around the office this week – our parent company, Tampa tech startup CoLabs, has raised $6.2 million in investor backing for IntelAgree. CoLabs plans to use the newly raised capital to invest in sales and marketing, implementation services, and integrations. Our team looks forward to sharing what’s in store for the future of the product.
New Customers
Since we introduced IntelAgree in March, we’ve picked up quite a few early adopters. Our hometown professional sports teams—the Tampa Bay Buccaneers, Tampa Bay Lightning and Tampa Bay Rays—are now IntelAgree customers.
New Board Members
We’re also welcoming two new members to the board of advisors at CoLabs: Otto Berkes and Justin Teague. Berkes, based in New York City, is one of the four founders of the Xbox. He spent 18 years at Microsoft working on mobile computing and touch-based devices. He also led the development of the HBO GO streaming platform, and served as CTO for CA Technologies.
Teague, based in Boston, is the CEO of SmartBear Software, leveraged by organizations including Adobe, JetBlue, MasterCard, and Microsoft. Teague has spent the last 20 years in high-growth software environments driving revenues and operating margin improvements for businesses ranging in size from $10 million to $600 million in revenue.
Our CEO David Hull says it best: “We are energized to continue pushing the limits of what’s possible through artificial intelligence and machine learning. Our vision is to continue this growth trajectory by offering game-changing solutions and innovations for businesses to improve processes, reduce risk and increase profit.”
Further Reading
You can read more about the capital raise here:
- CoLabs News
- Tampa tech startup CoLabs raises $6.2 million
- Tampa tech startup raises over $6M in latest investment round
- Tampa-based Tech Company CoLabs Raises $6.2 Million for New AI Software Product IntelAgree
IntelAgree can transform your contract management process. Reach out today to learn more about how we can help.
Additional Reading
Women Who Code at CoLabs: Join Us — CoLabs is committed to building a diverse team and supporting the professional goals of that team. And that includes supporting women working in…
IntelAgree Earns Five "Easiest To Do Business With" Badges in G2's Fall 2024 Reports — IntelAgree earns five "Easiest To Do Business With" badges in G2's Fall 2024 reports, highlighting exceptional user experience and top-tier…
IntelAgree Named "Easiest to Do Business With" in Four Categories by G2 for Summer 2024 — Discover why IntelAgree was named "Easiest to Do Business With" in four categories by G2 for Summer 2024. Learn more about out top-tier contract…