Pergamin is a Polish platform that streamlines and secures the conclusion of contracts for medium and large companies by automating contract creation, facilitating negotiations, accelerating the signing process, and increasing the security of business-critical document handling.
All this thanks to a unique approach in which the contract becomes a database. Pergamin enables the exchange of information between the platform and other systems in which information stores data on employees and employment, but also customers and orders.
Pergamin is currently focused on streamlining the handling of employee contracts, offering companies the Employee Contract Platform. According to calculations, manual and often paper processes cost medium and large companies in Poland up to PLN 3 billion per year. Pergamin allows you to recover this by automating and accelerating the signing of contracts, filling in declarations for tax offices and ZUS, as well as creating annexes and handling all other documents that occur during employment.
The company was founded in 2017 by Jakub Barwaniec, Piotr Łuczak and Antoni Wędzikowski. To date, Pergamin has acquired over 130 paying customers, from small and medium-sized companies to international corporations. They are responsible for over 120,000 registered users and approximately 400,000 processed contracts. Pergamin’s clients include Benefit Systems, Bolt, Dr. Max, Heimstaden, Herbapol, Just Join IT, Kross, Renault Trucks, Toyota Material Handling, Vienna Insurance Group, Volvo Trucks and Westwing.
– Creating, negotiating, signing and then storing contracts is a pain point for every company. In the case of contracts with employees, there are also a number of additional documents required by law. Manual contract management in Polish companies costs up to several billion zlotys per year and significantly burdens HR teams and administration. Pergamin allows you to significantly speed up the process from preparation to signature, increase its security and ensure smooth exchange of data with other IT systems. In the case of contracts with employees, it speeds up the process 10x, allows you to reduce the costs of its management by 75%, while recovering two thirds of the full-time job of each HR manager
– Jakub Barwaniec, co-founder and CEO of Pergamin.
Now, the American OnDean Forward has invested PLN 11 million in the development of Pergamin. The new strategic investor will support Pergamin in implementing its plan to build a global contract management platform, helping to develop the product (including AI-based functions) and reach enterprise customers in new markets. To this end, Pergamin also plans to expand its development and sales teams.
– Legaltech in the US is developing at a dizzying pace, and online contract management solutions are already at the heart of the operations of the largest global corporations. This trend is also developing in Europe, but the text editor and printer still play a huge role here. Pergamin has huge potential to change this. And we intend to use our experience in the development of Relativity and investments in American legaltechs to help use it. We believe that Pergamin will quickly become a leader in the country and region, and then a global player
– says Marcin Wojtczak, a new investor in Pergamin.
OnDean Forward was founded by Andrew Sieja and Marcin Wojtczak, the creators of the success of the American legaltech Relativity. Their fund has already invested in 5 legaltech companies in the US. Andrew founded Relativity in Chicago and developed its products as CEO for almost 20 years, and Marcin was the Chief Growth Officer and was responsible for the global development of the company. Relativity develops software for organizing and analyzing data and so-called eDiscovery. The platform has over 300,000 users from 40 countries and several thousand clients from the legal sector, financial services and government agencies, including 198 of the 200 largest law firms in the US.
The latest round increases the total value of financing obtained by Pergamin from investors to approx. PLN 20 million. So far, the capital for the Polish company has been provided by the German fund Sunfish Partners and the Polish DFRI, Funding Box, JR Holding and Nunatak Capital.
