Ontra leverages million-contract expertise and new AI integrations to supercharge private markets contract negotiation and collaboration.
SAN FRANCISCO, Feb. 6, 2024 /PRNewswire/ — Ontra, the leader in AI-powered contract automation and intelligence, today celebrated its milestone achievement of processing over one million contracts for its customers, while concurrently announcing new GPT-4 enhancements to its Contract Automation platform.
Since its launch in 2014, Ontra’s Contract Automation platform has helped more than a thousand global private markets firms, including 9 of the top 10 PEI-ranked investment firms and nearly 50% of the PEI 300, negotiate routine contracts across a broad range of private capital investment strategies. Contract Automation is also used by dozens of prominent investment banks and offered through partnerships with AM Law 100 firms and service providers. The platform streamlines processes for a variety of M&A and private deal document types, including non-disclosure agreements, non-reliance letters, vendor contracts, and engagement letters, and continues to expand.
Designed to help private capital markets firms accelerate the negotiation of key contracts and dealmaking, Ontra’s Contract Automation offers an end-to-end platform …