Following in the footsteps of GroupMe, another startup born at a Disrupt Hackathon is moving on to becoming areal company. Last May, Docracy was one of our Hackathon winners, and now it’s raised a $650,000 seed round led by First Round Capital. Vaizra Investments, Rick Webb and Quotidian Ventures also participated.
When Docracy launches publicly, it will be a repository for legal and business documents such as NDAs and term sheets. Anyone will be able to upload a document, which will be translated into native HTML5. The documents can be redlined, shared, and even signed. The more a document is signed, the more social proof it gathers that it is a well-accepted document.
Founders Matt Hall And John Watkinson were frustrated with how hard it is to find standard business documents online they could trust. They want Docracy to be “a place for documents to live and be discussed,” says Hall, so that people can figure out if it is the right document for them. The usage stats will be key here.
Once you find a doc you like, you can edit it to suit your particular needs. Here is a sample doc. It is time ro liberate documents from PDF and .doc files.
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.
Erick has been discovering and working with startups his entire professional career as a technology journalist, startup event producer, and founder. Erick is President & Founding Partner at Traction Technology Partners. He is also a co-founder of TouchCast, the leading interactive video platform, and a partner at bMuse, a startup studio in New York City. He is the former Executive Producer of the DEMO conferences and former Editor-in-Chief of TechCrunch (where he helped conceive, lead and select startups for the Disrupt conferences, among other duties). Prior to TechCrunch, which he joined as Co-Editor in 2007, Erick was Editor-at-Large for Business 2.0 magazine, and a senior writer at Fortune magazine covering technology.
At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily for the blog. He joined TechCrunch as Co-Editor in 2007, and helped take it from a popular blog to a thriving media property. After founder Michael Arrington left in 2011, Schonfeld became Editor in Chief.
Prior to TechCrunch, he was Editor-at-Large for Business 2.0 magazine, where he wrote feature stories and ran their main blog, The Next Net. He also launched the online video series “The Disruptors” with CNN/Money and hosted regular panels and conferences of industry luminaries. Schonfeld started his career at Fortune magazine in 1993, where he was recognized with numerous journalism awards.