The Brief:

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- Common Paper is helping startups close deals faster and with less risk.

- CEO & Co-Founder: Jake Stein

- CTO & Co-Founder: Benjamin Garvey

- Investors: Y Combinator (W23)

- History: Just Launched

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Common Paper is a contracting platform that helps startups close deals with their customers faster and with less risk. Founded by Jake Stein and Benjamin Garvey, who met while working together at a BI startup called RJMetrics, the company offers a solution to the unpredictable delays, high legal bills, and limited visibility that often plague contract negotiations.

‎To address these issues, Common Paper developed a series of standard, open-source contracts for commercial transactions, including NDAs, DPAs, and sales agreements. These contracts, which are analogous to the SAFE but are designed for use between customers and vendors, provide a standardized format that structures data from the outset.

In addition to its contracts, Common Paper also offers software for managing standard contracts and accelerating sales cycles. This software also makes the data within the contracts programmatically accessible to other business systems.

To date, thousands of people have downloaded Common Paper's standard contracts, and 63% of the contracts on the company's platform close within 24 hours. If you're a startup looking for a more efficient way to close deals, consider giving Common Paper a try.