Summary
Common Paper builds standard, open-source contracts for commercial transactions and contract management software to help startups close deals faster. Founded by Jake Stein and Benjamin Garvey, repeat founders who previously co-founded RJMetrics (acquired by Magento, then Adobe), they solve the problem of slow, expensive contract negotiations. Their AI agent Gerri automatically reviews contract redlines against company playbooks, accepts or rejects terms, and triages complex issues to the right people. Tens of thousands have downloaded their standard contracts, and 63% of contracts on their system close within 24 hours.