
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.

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
Areas of Use
TARGET AUDIENCE
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TARGET AUDIENCE
PRACTICE AREAS
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Overview
Areas of Use
TARGET AUDIENCE
PRACTICE AREAS
TARGET AUDIENCE
PRACTICE AREAS
Topics and Features
PRODUCT TYPES
PRODUCT TYPES
Similar Solutions