### Common Paper: The Standard for Contract Acceleration

Common Paper is a legal technology pioneer building a comprehensive contract acceleration platform. Their vision is to establish a universal standard for commercial agreements, mirroring the impact the YC SAFE had on startup fundraising. By transitioning from unstructured text to structured data, Common Paper fundamentally eliminates the friction, time, and cost of legal negotiations.

#### The Strategic Advantage

The company's "secret sauce" lies in its unique approach to the standard commercial contract. Rather than treating contracts as bespoke text documents requiring exhaustive manual redlining, Common Paper open-sources its agreements—developed and maintained by a committee of over 40 attorneys. By treating legal terms as structured data with standardized variables, the platform dramatically accelerates sales cycles and prevents deals from bottlenecking in legal review.

#### Product Capabilities

• Structured Contract Engine: Build, negotiate, and sign NDAs, CSAs, and DPAs with ease.
• Gerri AI: An intelligent agent designed specifically to automate and assist with complex contract negotiations.
• API-First Infrastructure: Seamlessly integrate contract generation and management into any existing software workflow via a developer-focused API.

#### Leadership and Heritage

Founded in 2020 in Philadelphia, Common Paper is led by serial entrepreneurs Jake Stein (CEO) and Ben Garvey (CTO). As seasoned leaders who previously scaled RJMetrics (acquired by Magento/Adobe) and Stitch (acquired by Talend), their firsthand experience with legal friction in high-growth environments inspired the platform. The company is backed by $4.5 million in Seed funding from Boldstart Ventures, Uncork Capital, and prominent angels from Carta and UiPath.

#### Ideal Customer Profile

Common Paper is designed for fast-moving startups, B2B SaaS sales teams, and forward-thinking legal professionals. It primarily empowers Founders, CROs, and General Counsels who prioritize sales velocity and seek to minimize legal overhead.