Clausematch
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
ClauseMatch was a London-based regulatory technology company founded by Evgeny Likhoded, built 'out of frustration at the inadequacy of existing legacy and incumbent solutions on offer for compliance and legal departments.' Its platform created, maintained and mapped intelligent regulatory documents and policies, becoming a market leader in the new generation of policy-management and compliance software. It raised about $21.1 million in funding. In July 2023, Dublin-based RegTech leader Corlytics acquired ClauseMatch — its second acquisition of the year after ING SparQ — combining Corlytics' intelligent regulatory content with ClauseMatch's policy-management expertise into a platform managing the entire regulatory risk value chain, with 80 combined clients including 14 of the world's top 50 banks. Founder and CEO Likhoded became President of Corlytics.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Founded in London by Evgeny Likhoded as a RegTech company for intelligent regulatory documents and policy management.
- Acquired by Corlytics
In July 2023 Corlytics acquired ClauseMatch; founder and CEO Evgeny Likhoded became President of Corlytics; combined clients reached 80 including 14 of the world's top 50 banks (Barclays, ING, SCOR, FINRA). This was an acquisition, not a failure.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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