There are a number of websites that offer form legal documents to users. But it can be difficult to complete the next step of the process of establishing a will, or forming a company, when it comes to actually editing and signing these documents online. Docracy, which won the Disrupt NYC Hackathon more than a year ago, is a repository for legal and business documents, such as NDAs and term sheets. Anyone can upload a document, which will be translated into native HTML5, and become available to other users.
The tale of Docracy's year-long journey is a fun one. When Matt Hall and his partner John Watkinson first went into the Hackathon last year, the only goal was to get a prototype working for an idea they had, a GitHub for legal documents. Sure, a win would've been nice, but the main goal was to push out a prototype they could pitch to investors (instead of just an idea) with a firm deadline hanging over their shoulders.
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.
Received $650k Seed Funding
Participation First Round Capital, Vaizra Seed Fund, Rick Webb, Quotidian Ventures
Docracy.com Hackathon Winner Presentation