ThoughtRiver

Contract intelligence using machine learning to scan contracts and other legal documents to information in an online dashboard. Pre-screening technology comprises a legal Q&A and risk analysis process undertaken at an unprecedented level of detail and precision. Whilst the typical due diligence exercise involves assembling clauses on a handful of issues which then need to be considered by a lawyer, each contract pre-screen undertaken by ThoughtRiver triggers 1000s of software-answered questions on each contract in order to replicate what actually happens when a junior lawyer conducts an initial scan on a contract. Pre-screening recommends whether a contract needs further review and by whom, as well as explaining why it has made that decision in human terms.

Obtained $10 million in Series A funding round in September 2020.

ThoughtRiver

Contract intelligence using machine learning to scan contracts and other legal documents to information in an online dashboard. Pre-screening technology comprises a legal Q&A and risk analysis process undertaken at an unprecedented level of detail and precision. Whilst the typical due diligence exercise involves assembling clauses on a handful of issues which then need to be considered by a lawyer, each contract pre-screen undertaken by ThoughtRiver triggers 1000s of software-answered questions on each contract in order to replicate what actually happens when a junior lawyer conducts an initial scan on a contract. Pre-screening recommends whether a contract needs further review and by whom, as well as explaining why it has made that decision in human terms.

Obtained $10 million in Series A funding round in September 2020.


Overview

HEADQUARTERS

UK

LANGUAGES

English

OFFICES

US,UK,Singapore

HEADQUARTERS

UK

LANGUAGES

English

OFFICES

US,UK,Singapore

Areas of Use

TARGET AUDIENCE

Corporate Legal

PRACTICE AREAS

  • Neutral
  • TARGET AUDIENCE

    Corporate Legal

    PRACTICE AREAS

  • Neutral
  • Topics and Features

    PRODUCT TYPES

    Due Diligence

    Contract Review

    PRODUCT TYPES

    Due Diligence

    Contract Review

    Similar Solutions

    Overview

    HEADQUARTERS

    UK

    LANGUAGES

    English

    OFFICES

    US,UK,Singapore

    HEADQUARTERS

    UK

    LANGUAGES

    English

    OFFICES

    US,UK,Singapore

    Areas of Use

    TARGET AUDIENCE

    Corporate Legal

    PRACTICE AREAS

  • Neutral
  • TARGET AUDIENCE

    Corporate Legal

    PRACTICE AREAS

  • Neutral
  • Topics and Features

    PRODUCT TYPES

    Due Diligence

    Contract Review

    PRODUCT TYPES

    Due Diligence

    Contract Review

    Similar Solutions

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