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YC W23 · Active

Common Paper

The SAFE for commercial contracts

Class
Winter 2023
Status
Active
Industry
B2B
Location
Philadelphia, PA, USA; Remote
Team size
8

Website

https://commonpaper.com/

About

Common Paper is a contracting platform that helps startups close deals with their customers faster and with less risk. We create standard, open-source contracts for commercial transactions, including NDAs, DPAs, and sales agreements. These are analogous to the SAFE, but are between customers and vendors rather than investors and startups. The standardized format means that data within contracts is structured from inception. We build software for managing standard contracts, accelerating sales cycles, and making the data within the contracts programmatically accessible to other business systems. Tens of thousands of people have downloaded our standard contracts, and 63% of the contracts on our system close within 24 hours.