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Serra Capital III Invests in Evisort

Champaign, IL – WEBWIRE

Champaign, IL - (February 2019) – Evisort, the Silicon Valley-based company that is transforming how contract data is managed, has raised $4.5M in funding. Serra was a major investor in the round, along with other leading Silicon Valley firms.  
Jerry Ting, CEO of Evisort says, “We’re delighted to work with Steve and the Serra team to enter the next chapter of Evisort. We’re helping organizations not have to read through piles of contracts manually. This is a challenging technical and business problem, not unlike the internet before the rise of search engines. With his experience as the first investor in Baidu, the Google of China, few has more experience building data-organization companies than does Steve.”
Steve Beck, Managing Partner with Serra stated, “Evisort is a team of exceptionally smart people solving the exceptionally difficult problem of contract management using revolutionary AI capabilities. Business is difficult enough without being unnecessarily encumbered by simply trying to understand and manage business contracts. Evisort to the rescue!”
About Serra Ventures
Serra Ventures is an early stage venture capital firm investing in technology companies in underserved geographies across the Midwest and West Coast. Sectors of focus include information technology, devices/instrumentation and agricultural technologies. The profile of an ideal startup is one that has just finished an accelerator program or has been through a round of seed funding to establish and prove a strong product-market fit. 
Serra Ventures, has offices in San Diego, Chicago and Champaign, Illinois. The managing partners are all former successful entrepreneurs who seek to serve their portfolio companies with real-world insight, hard work and a valuable network. In addition to capital, Serra works alongside its entrepreneurs in all areas of growth from strategic planning and partnerships, through business development and capital formation. As portfolio companies scale, Serra co-invests with leading venture firms across the Midwest and West Coast. For more information, visit
About Evisort
Evisort provides artificial intelligence for a company’s most important documents. Historically, folders and filenames have been unsuccessfully used to try to create structure out of documents and their data. With Evisort, contracts become accurately understood and actionable within seconds. Folders and endless data entry become things of the past while users can leverage data-driven insights from their most important business and legal documents.
Evisort’s artificial intelligence algorithms were developed by scientists from deep learning labs at MIT, legal researchers from Harvard Law School, and a world-class advisory network of business and legal experts. 
Evisort works on scanned documents and non-standard contracts, applying flexible models and approaches for every situation. For more information, visit


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