Starry startup dreams big with contractual niche

A trio of startup tech stars targets a new niche: software for the tedious contract work that make a business hum.


  • By Brian Hartz
  • | 6:00 a.m. August 10, 2018
  • | 0 Free Articles Remaining!
Mark Wemple. The CoLabs executive team. From left: CEO David Hull, COO Katrina Itle, chief architect Marc Miller and Executive Vice President John Wagner.
Mark Wemple. The CoLabs executive team. From left: CEO David Hull, COO Katrina Itle, chief architect Marc Miller and Executive Vice President John Wagner.
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Contracts can be one of the most tedious aspects of doing business. Getting them drafted by a lawyer is just the first step. Many contracts must be reviewed, renegotiated, rewritten and renewed on an annual basis, or even more frequently, to remain valid and binding.

A business might have dozens, hundreds or even thousands of contracts on its books. That means the contract renegotiation and approval process can take a lot of time — and cost a lot of money.

 

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