Ontra
Ontra provides AI-enabled legal solutions and contract automation, serving private equity, venture capital, and other sectors with a high customer retention rate and a global network of lawyers.
Services
Ontra provides a range of services designed to digitize and automate legal workflows critical to fundraising and investing. Their offerings include Contract Automation, which automates the negotiation, execution, and reporting of contracts, and Insight, which simplifies fundraising and compliance through AI-powered solutions. Another key service, Ontra Atlas, modernizes entity management with automated structure charts and centralized data. A global network of independently practicing lawyers supports the company's services, enabling clients to automate routine contract negotiations and comply with contractual obligations.
Products
Ontra offers several AI-enabled platform solutions including Ontra Synapse AI, Contract Automation, Insight, and Ontra Atlas. Ontra Synapse AI uses machine learning and a human-in-the-loop approach for advanced private markets thinking and provides features like Originator Email Summary and Contract Summarization and Reporting. Contract Automation facilitates efficient contract negotiation and execution. Insight is designed to aid fundraising and compliance, leveraging AI technology. Ontra Atlas handles modern entity management, producing up-to-date structure charts and maintaining records of directors, officers, and signatories.
Sectors
Ontra serves a diverse range of sectors including private equity, venture capital, direct lending, real estate, and infrastructure. The company caters to asset managers, investment banks, law firms, limited partners, and hedge funds. With a strong foothold in these sectors, Ontra provides tailored solutions that meet the specific needs of each industry. Their extensive experience and specialized services make them a trusted partner for over 80% of the top global investment firms.
History
Ontra has made significant strides in the legal tech industry by processing over 1 million contracts and serving more than 700 customers across the Americas, Europe, and Asia. The company is renowned for having negotiated more NDAs than any other alternative legal service provider in the world. Ontra's commitment to innovation is reflected in their use of Contract Automation powered by GPT-4 and other proprietary models. The company also demonstrates a strong social commitment through its Legal Aid Alliance program, donating $1 per document processed to support nonprofit legal aid organizations.
Customer Retention and Trust
Ontra has built a strong reputation for customer satisfaction, achieving a retention rate of over 96%. The company is trusted by 80% of the top global investment firms and caters to a wide range of clients, including asset managers, investment banks, law firms, limited partners, and hedge funds. Their reliable services and innovative solutions have helped them maintain a loyal customer base across various regions, including the Americas, Europe, and Asia.