Visit
Ontra.AI

Ontra.AI

· No reviews yet

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

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.
Follow:
legal-assistant