Common Paper

Common Paper is an AI contracting platform built on open-source standard agreements, founded in 2020, headquartered in the US. Y Combinator (W23). $7.5M total funding (K5 Global, Uncork Capital, Boldstart Ventures, Orange Collective). Creates free, open-source standard contracts (Cloud Service Agreement, NDA, SLA, Software License) maintained by a committee of expert attorneys. 40,000+ agreement downloads. The platform powers drafting, negotiation, signing, and compliance for SaaS revenue teams. AI Agent for contract customization and negotiation announced. 8 employees (very early stage). Target market: SaaS startups and their customers.

Capabilities

Spans 4 product areas: Contract Lifecycle Management, Contract Automation and Drafting (Through Signature), Contract Database Management, Contract Review and Analysis (Post Signature).

Workflow Coverage

Based on published feature listings, this tool maps to 8 workflow areas:

• Document Drafting & Automation — Approval Process Management, Collaborative Drafting and Editing, Contract Clause and Content Management, Contract Attachments Support (+8 more)
• Document Review & Management — Version Control
• Filing & Compliance — Access Controls, Compliance Tracking
• Client & Matter Lifecycle — Buyer/Seller Qualifications Tracking, Completion Status Tracking
• Firm Operations & Growth — Integrations with CRMs, Proposal and RFP Generation
• Billing, Time & Finance — Pricing Integration, Quotes Preparation
• Research & Analysis — Reports and Dashboards
• Communication & Collaboration — Mobile Access to Contracts in Progress

Workflow mappings derived from published feature lists. Not independently verified.

Company Info

• Founded: 2020
• Team size: 11-50 employees
• Funding: $5M
• HQ: United States
• Sector: CLM & Contracting

What We Haven’t Verified

This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.