Skip to main content
About VirtualTerms

Revolutionizing Business Agreements for a Faster, Simpler Future

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.

Our Approach

How We Work for You

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.

19
Our Story

Transforming Legal Agreements: From Frustration to Innovation

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.

26
Our Journey

A Legacy of Legal Expertise Driving 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.

45

Our Team

Arthur Swanson

Founder & CEO

Curt Anderson

Advisor, Professor of Law - BYU, General Counsel - Match/Tinder (Former)

Kristin Ely Blazewicz

Advisor, General Counsel - Coty Inc.

Kevin Vela

Advisor, Managing Partner - Vela Wood

Jaimesen Heins

Advisor, General Counsel – Impel.ai

Bruce MacFadyen

Advisor & Investor, COO - Zello

Garrett Wolfe

Advisor, EVP, Enterprise Product Strategy - TriumphPay

Partners

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.

Where We're Headed

The Future of Legal Tech

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. 

The Legal Tech Market

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.

What We've Done So Far

Over 200 users have sent more than 700 of our Beta VirtualTerms NDAs.

What We're Doing Next

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.

Innovative AI Integration

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.

Experienced Leadership

Founded by Arthur Swanson, with decades of corporate legal experience, and supported by a team of seasoned advisors from legal and tech backgrounds.

Fast Track Your Agreements and Accelerate Your Business

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.

Group 199