NAME OF STARTUP: VirtualTerms
FOUNDED IN (Year): 2022
FOUNDER’S NAME: Arthur Swanson
THE IDEA: What is the problem being solved by your startup / business?:
Ordinary legal agreements can be long, dense, and slow down doing business. We’ve re-invented them to make it fast and easy for you and your business partner to agree.
Our unique streamlined format focuses you on key terms and enhances trust and speed by standardizing common provisions in our “plain English” VirtualTerms. We make it all easy to create, send, review, and sign in one simple end-to-end tool.
THE FOUNDER’S STORY: When and how did you come up with the idea for the business?:
Our founder and CEO, Arthur Swanson, has decades of corporate and commercial legal experience with law firms Baker Botts, Sidley Austin, and Gibson Dunn and in-house with brand names like Cadbury, Keurig, and Dr Pepper.
All that experience made him re-think how traditional legal work is done to help you get more done with less time, effort, and cost. He created VirtualTerms as an innovative, yet simple, solution to help you get to faster agreement with greater clarity, trust, and efficiency.
WHO IS THE CUSTOMER: What is the typical profile of your target customer? Where would they be located?:
Startups to small-medium businesses, including tech, software, design, marketing firms, consultants, freelancers
We’ve streamlined NDAs so you and your business partner can get down to business faster.
HQ: Texas, USA
Website URL: https://www.virtualterms.com/
Number of Employees: 1-5
(Profile Submitted By: Marketing Agency)