At VirtualTerms, we're on a mission to transform the way B2B legal agreements get done. Born from decades of business law expertise, we've created an innovative platform that streamlines legal agreements, making them clear, fast, and easy for both parties. Our goal is to empower businesses to focus on what truly matters - your growth and success.
At VirtualTerms, we're revolutionizing the legal agreement process by focusing on what truly matters: Key terms and transparency. Our platform transforms time-consuming reviews and negotiations into a streamlined, easy-to-understand "term sheet" format.
With professional standardized terms in plain English and an end-to-end tool for creating, commenting, e-signing, and tracking agreements, we're not just simplifying the process - we're changing how businesses collaborate, saving time, reducing costs, and building stronger, more transparent relationships.
VirtualTerms was born from our founder Arthur Swanson's decades of experience working with companies ranging from startups to the Fortune 500. He witnessed first hand the inefficiencies of traditional legal agreements. This sparked a fundamental rethinking of how agreements could be made clearer, faster, and easier, and the creation of our innovative platform.
Our mission extends beyond simplifying agreements. We aim to transform business collaboration itself. By streamlining how agreements are done, we're fostering trust, enhancing transparency, and enabling businesses to focus on growth and innovation.
VirtualTerms' foundation is built on decades of experience solving both high-stakes and every day business and legal challenges. Our founder's diverse background at top law firms and in in-house roles with global brands, gives us unique insights into the pain points of legal agreements.
This deep understanding of legal and real-world business needs sets VirtualTerms apart. We're not just tech innovators; we're experts who've experienced the challenges firsthand. Our platform, from its streamlined "term sheet" format to standardized terms, is built on practical experience, addressing the real problems businesses face daily with agreements.
Founder & CEO
Founder & CEO
Our founder and CEO has decades of corporate and commercial legal experience with law firms Vela Wood, Gibson Dunn, Sidley Austin, and Baker Botts and in-house with brand names like Cadbury, Keurig, and Dr Pepper. All that experience made him re-think how traditional legal work is done to help you get more done with less time, effort, and cost. He created VirtualTerms as an innovative, yet simple, solution to help you get to faster agreement with greater clarity, trust, and efficiency.
Advisor, Professor of Law - BYU, General Counsel - Match/Tinder (Former)
Advisor, Professor of Law - BYU, General Counsel - Match/Tinder (Former)
Curt is the former General Counsel of Match Group (owner of match.com, Tinder, and other online social and media platforms) and previously a corporate partner at Baker Botts LLP. Curt is now a Professor at BYU Law School focusing on business, corporate, and technology law. He leads numerous transactional and practical courses and clinics on business organizations, cyberlaw and technology transactions, internet law, entrepreneurship, mergers and acquisitions, and transactional legal drafting. Curt also serves as a Board Member to Encircle.
Advisor, General Counsel - Coty Inc.
Advisor, General Counsel - Coty Inc.
Kristin is the General Counsel of global beauty leader Coty Inc. Coty's iconic beauty and fragrance brands include Burberry, Calvin Klein, Gucci, Hugo Boss, Kylie Skin, Marc Jacobs, and Tiffany & Co, Lancaster, philosophy, COVERGIRL, Max Factor, Rimmel, Sally Hansen, Adidas and Nautica. Kristin also serves as Corporate Secretary to the Board of Directors and is a member of the Coty Executive Committee and is Executive Sponsor of the Coty Executive Women Mentorship.
Advisor, Managing Partner - Vela Wood
Advisor, Managing Partner - Vela Wood
Kevin is the co-founder and managing partner at Vela Wood PC, a boutique corporate law firm. His practice focus includes venture financing, fund representation, M&A, and gaming law. He teaches Introduction to Venture Transactions at SMU's School of Law, and is a board member of the Fantasy Sports Gaming Association, the Dallas Business Journal Leadership Trust, and Digital Dallas. Kevin also is a mentor for REVTECH, a leading venture fund and accelerator, and co-manages Blossom Street Ventures, a Dallas-based venture capital fund.
Advisor, General Counsel – Impel.ai
Advisor, General Counsel – Impel.ai
Jaime is General Counsel of Impel.ai, the auto industry's most advanced AI-powered Customer Lifecycle Management platform, and previously served as the General Counsel of E, Inc. and Burton Snowboards. In addition to his legal roles, Jaime serves as a Board Member of the Town of Shelburne, Vermont, the Greater Burlington Industrial Corporation, the South Burlington Land Trust, and the Greater Burlington YMCA.
Advisor & Investor, COO - Zello
Advisor & Investor, COO - Zello
Advisor, EVP, Enterprise Product Strategy - TriumphPay
Advisor, EVP, Enterprise Product Strategy - TriumphPay
Garrett is EVP of Enterprise Product Strategy at TriumphPay and has a passion for delivering strategic products, services, and initiatives across industries throughout his career in product management, development, and consulting. At PwC, Garrett helped leaders leverage best practices and emerging technology to propel their innovation agendas. At Capital One, Garrett led digital product teams to deeply understand their customers’ problems and translate them into a strategic roadmap to deliver delightful product experiences.
We can’t make this happen without the help of some great teams and people, so we love to mention a few of the key partners we collaborate with.
VirtualTerms is at the forefront of a rapidly growing legal tech market, poised to be a $68 billion industry by 2034.
Our innovative platform addresses a critical pain point in the business world with over $1 trillion in annual loss in global economic value due to inefficient agreement processes.
By streamlining and standardizing legal agreements, we're not just solving a problem – we're creating a new paradigm for business collaboration.
We invite forward-thinkers to join us in reshaping the future of legal agreements. Let us know if you'd like to learn more.
Given the significant pain points it is attempting to address, the legal tech market is projected to grow at a 9% CAGR from 2024 to 2034.
Over 200 users have sent more than 700 of our Beta VirtualTerms NDAs.
Leveraging the success of our streamlined VirtualTerms NDA, we're expanding to include a wide range of B2B agreements, including consulting, independent contractor, and a variety of other services agreements, with more to come. Let us know what agreements you'd like to see by reaching out via our Contact page.
Our upcoming AI-powered review and negotiation engine will leverage our unique focus on simplicity and standardization to provide high quality value to the legal agreement process.
Founded by Arthur Swanson, with decades of corporate legal experience, and supported by a team of seasoned advisors from legal and tech backgrounds.
Experience the power of streamlined, standardized agreements. Sign up to join the waiting list for when VirtualTerms launches.
Pricing You can try VirtualTerms for free on a 14-day trial, after which our standard monthly subscription is $50/month. Cancel any time prior to renewal.