e-gree

e-gree - a service founded in 2020 for the legal consolidation of oral agreements. The creators of the project call it an alternative way to solve issues that are traditionally dealt with by lawyers and law firms. Through e-gree, users record the terms of the dispute, legally protect the transfer of sensitive information, ensure the confidentiality of meetings and correspondence, fix the terms of monetary loans, conclude marriage contracts and make wills.

In the application, the user needs to choose from several dozen pre-prepared contracts suitable, enter his data and send to another user for signature. For signing, it is enough to install e-gree and accept the terms of the contract. The average time to sign a contract through the application does not exceed a couple of minutes.

The founders of e-gree are entrepreneurs Ilya Flax and Araz Mamet and American lawyer Keith Fraser.

History

2021: Attracting $1 million investment

At the end of May 2021, the e-gree service announced the attraction of $1 million in investments. It was invested by the Impulse VC fund, the AltaIR of Igor Ryabenky, members of the venture club AltaClub and the Australian supermodel and philanthropist Jessica Kahavati. This TAdviser told in e-gree.

Russian AltaIR Capital invested in a service for the legal consolidation of oral agreements e-gree

The startup intends to spend the funds received on improving its product, advertising and marketing in the United States. What shares investors received in the project and what its estimated value is not reported by May 31, 2021.

The e-gree application is available in the App Store and Google Play, including in Russian. The total number of users by the end of May 2021 exceeds 10 thousand. Adaptation is being prepared in 7 languages, including Spanish, French and Italian.

The e-gree service works by subscription - the first three contracts are free, then 1190 rubles a month, or 3150 rubles a year.^[1]

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