LAKE MARY, Fla. — Smith-Hoffman Capital, which is based in Atlanta, has invested $650,000 in AccuDraft, a software firm.
AccuDraft provides contract management solutions software. The funding is the first for the company, which was founded in 1992.
The firm, which is headquartered in Lake Mary, will use the additional funding to expand its product line, sales and marketing efforts as well as offer implementation and support services for existing customers.
“Over the past few years, AccuDraft has won major deals at leading companies such as Shell Oil and T. Rowe Price,” said Jan Boswell, a financial analyst with Smith-Hoffman Capital. “These accomplishments have put the company on an impressive growth path that we expect to continue for many years to come.”