Litera Transact

Litera Transact is a transaction management platform designed to support legal teams throughout the corporate deal lifecycle. It centralizes checklists, document tracking, and status reporting to improve organization and visibility. The platform includes tools for task management, version control, automated signature collection, and the generation of closing sets, helping to streamline administrative processes and reduce the risk of manual errors.

Features of Litera Transact include: 

Centralized Deal Management
Provides a single platform for legal teams to securely manage all aspects of corporate transactions, improving transparency and organization.

Dynamic Checklist Management
Offers flexible, centralized checklists with clear task assignments and next steps, allowing teams to streamline multiple workflows into a unified interface.

Automated Signature Management
Automates the creation and formatting of signature blocks, pages, and packets, with real-time tracking of captured signatures.

Instant Closing Set Generation
Enables automatic generation of customized, professionally formatted closing sets and books within minutes.

Checklist Import and Cloning
Supports importing checklists from Word documents and duplicating existing deals within the platform, including documents, signers, signature formats, and parties.

Integrated Document Comparison
Utilizes Litera Compare to quickly identify and review changes between document versions, with options to save or export comparisons.

Real-Time Deal Data and Reporting
Provides tools to search, filter, and label documents, and to generate customized reports such as checklists, signature trackers, approvals, and activity summaries.

Funding Information:
Litera has raised a total of $102M in funding over 5 rounds. Their latest undisclosed amount of funding was raised in November 2021 from a Private Equity round.