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    About TermScout

    We believe in a world where contracting happens with zero friction, with both parties fully informed about what they’re signing.

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Intersted in contract data?

Read our latest contract data insights.

We know contracts inside and out. Our contract experts provide deep expertise and insights into industry trends and updates. Follow our feed to hear from thought leaders in the contract review industry, learn best practices for optimizing your contract review process, and stay up to date on what is happening at TermScout.

Summer 2022 Updates to Ratings: IT Contracts

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Summer 2022 Updates to Ratings: IT Contracts

TermScout periodically reviews contract scoring to ensure that its published favorability ratings on more than 1,000 public IT contracts are as up-to-date and accurate as..

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Contract Clause Database

Contract Clause Database - IT Contracts

TermScout reviews and determines a party favorability rating that is based on more than 750 bits of structured data points. These data points also serve as the backbone of the..

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Red Hat Customer Agreement: the Good and the Bad

Have you ever found yourself wanting to purchase a good or service that your business needs, but having a moment of panic when you are asked to accept the vendor’s contract terms..

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[Video] The Scout Report – Episode 3: How Contracts Impact The Software Sales Process

If you’ve ever been in sales or have purchased business critical software, you know that the contract review process is a friction point and has a significant impact on the..

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TermScout Secures $1.25 Million Seed Funding to Grow Legal Tech Offerings and Sales

All of us at TermScout are excited to announce that we’ve closed a $1.25 million funding round – and previous $350,000 convertible note for a combined $1.6 million. The Series..

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The Scout Report Video – Episode 2

Summary

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The Scout Report Video – Episode 1

Summary Otto Hanson, CEO of TermScout, hosts the show with guest Bill Mooz, Executive Director at The Institute for the Future of Law Practice. Otto and Bill discuss best..

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TermScout joins Techstars 2020 Accelerator Class in Boulder, CO.

Each year, Techstars selects hundreds of companies to join their three-month mentorship-driven accelerators, investing $120K and providing hands-on mentorship and access to the..

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How to review a commercial contract on a budget

U.S. businesses execute millions of contracts each week. Some established businesses have in-house counsel or trusted outside counsel to guide them on these matters, but a..

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Flirting With Disaster: The Dangers of Not Reading Business Contracts

We get it. Managers are busy. Reading contracts takes time. After a while, managers may feel all contracts are the same. With so much to do, it is tempting to skip the fine print,..

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