FlipThrough
FlipThrough is an AI-powered platform designed for procurement teams to automate vendor contract analysis and negotiations. Leveraging generative AI, it streamlines the evaluation of vendor proposals and agreements, saving time and reducing costs. The platform offers features like multi-document proposal evaluation, efficient contract review, value optimization through strategic recommendations, risk identification, and facilitated cross-team collaboration. FlipThrough is multilingual, GDPR, CCPA, and SOC 2 Type 2 compliant, utilizing AWS for secure data storage. It aims to automate 80% of procurement tasks, allowing professionals to focus on strategy. The company has been recognized with the 'Most Innovative Company' award at KonnectHouse's Wolf Pack Summit for its voice-activated AI negotiation agent, which provides real-time support during live vendor calls. FlipThrough's business model is based on flexible, annual subscription pricing.
FlipThrough
FlipThrough is an AI-powered platform designed for procurement teams to automate vendor contract analysis and negotiations. Leveraging generative AI, it streamlines the evaluation of vendor proposals and agreements, saving time and reducing costs. The platform offers features like multi-document proposal evaluation, efficient contract review, value optimization through strategic recommendations, risk identification, and facilitated cross-team collaboration. FlipThrough is multilingual, GDPR, CCPA, and SOC 2 Type 2 compliant, utilizing AWS for secure data storage. It aims to automate 80% of procurement tasks, allowing professionals to focus on strategy. The company has been recognized with the 'Most Innovative Company' award at KonnectHouse's Wolf Pack Summit for its voice-activated AI negotiation agent, which provides real-time support during live vendor calls. FlipThrough's business model is based on flexible, annual subscription pricing.
TL;DR
Product: AI procurement platform for contract analysis, negotiation talk-tracks, autonomous redlining, and a voice negotiation agent
Founded / HQ: Founded Nov 2024; Boston, Massachusetts
Team size: 4 employees
Compliance / Security: GDPR, CCPA, SOC 2 Type II; uses AWS for storage
Funding stage: Pre-Seed (Nov 1, 2024)
Company Overview
Problem Domain
Procurement contract review and negotiation automation
Founded
2024
Industry
Procurement SaaS / Legal Tech
Tech Stack
Funding Track Record
Crunchbase records a Pre-Seed round announced on Nov 1, 2024; amount not disclosed