Ontra.AI
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About Ontra.AI
Ontra's AI-enabled platform digitally transforms the legal workflows essential to fundraising and investing, specifically catering to the private markets sector.
legal-assistant
What Ontra.AI looks like
Key Features:
- Contract Automation: Automated negotiation, execution, and reporting of contracts are facilitated through AI-powered software paired with a global network of experienced lawyers, aiming to simplify and accelerate routine contract negotiations, ultimately saving time and resources.
- Insight: Centralizes documents, allowing for comparison and benchmarking of key provisions and ensuring delivery on investor commitments through automation. It transforms physical contracts into structured data using a blend of AI technology and human-in-the-loop experts to categorize key obligations, ultimately making fund document data more accessible and actionable.
- Ontra Atlas: Modernizes entity management by automating workflows, decreasing expenses, reducing the risk of errors, and centralizing entity information and compliance efforts. It also facilitates the generation of up-to-date structure charts to visualize entity ownership and relationships, and provides a single digital location to store, organize and access entity data and documents.
Main Use Cases:
- Automating Routine Contract Negotiation: Accelerates the negotiation process by automating routine contract negotiations, which saves time, reduces expenses, and allows firms to focus on their core operations like fundraising and investing.
- Benchmarking Market Negotiation Positions: Provides insights and data which can be used to benchmark market negotiation positions, ensuring that firms are negotiating contracts from a position of strength based on established precedents and industry benchmarks.
- Centralizing Contracts and Legal Documentation: Centralizes all contracts and legal documentation to ensure compliance with contractual obligations and to provide a single source of truth, making it easier to manage and access critical legal documents and information.
legal-assistant