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Read about Ontra and the latest trends in Contract Automation and Intelligence.
Ontra Announces 91% Revenue Growth in 2021, Extending Its Lead in AI-driven Contract Automation and Intelligence Ontra, the leading provider of contract automation and intelligence for the world’s most prominent asset management firms, today announced 91% revenue growth and 72% customer growth in 2021.
Read MoreInCloudCounsel, the global leader in Contract Automation and Intelligence, today announced it received $200 million in Series B funding in a round led by funds managed by Blackstone, with participation from existing investor, Battery Ventures, and board member, Mike Paulus. Blackstone’s investment was made through Blackstone Growth (BXG), the firm’s growth equity business. In conjunction with its funding news, the company also announced it has rebranded to Ontra—a name derived from the company’s place at the heart of contracts.
Read MoreInCloudCounsel is announcing a Series B round of $200 million, money that it will be using to meet demand for its services. The round is being led by Blackstone Growth (the growth equity business of the investment giant), with previous backer Battery Ventures and board member Mike Paulus (who previously ran and sold Assurance IQ to Prudential, and before that was an investor with Andreessen Horowitz). Alongside this, the startup is rebranding to Ontra — signifying “getting to the heart of contracts.”
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71% of legal and investment professionals have seen routine contract work grow in the last 6 months; 97% of those who outsource routine contracts find it effective.
Read MoreRoutine contract work can be detrimental to workplace morale, according to the results of a new global survey by Ontra.
Read MoreOntra’s new global survey has found that 64% of respondents at corporates believe ‘routine contract work’ hurts employee morale.
Read MoreSEC Chair Gary Gensler has asked SEC staff to consider a slate of issues affecting private funds, including fee arrangements, side letters, performance, conflicts of interest, reporting and disclosure.
Read MoreBlackstone Growth led the Series B funding of this provider of online legal services, formerly known as InCloudCounsel. Battery Ventures also participated.
Read MoreInCloudCounsel, raised $200 million in a Series B funding round on Wednesday, the largest-disclosed capital raise by a contract software company in 2021.
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Ontra, the leading contract automation and intelligence provider for private markets, announced it has been recognized as a winner in The 20th Annual American Business Awards®.
Read MoreOntra, the leading provider of contract automation and intelligence for the world’s most prominent asset management firms, today announced 91% revenue growth and 72% customer growth in 2021.
Read MoreOntra, the global leader in Contract Automation and Intelligence, today released the results of a multinational third-party survey spotlighting the current state of contract negotiation. In conjunction with its funding news, the company also announced it has rebranded to Ontra—a name derived from the company’s place at the heart of contracts. Ontra represents the company’s mission to make contracts more efficient and to free businesses and lawyers to focus on impactful, engaging work.
Read MoreOntra, the global leader in Contract Automation and Intelligence, announced it has appointed Chi Hoang as the company’s VP of Engineering.In conjunction with its funding news, the company also announced it has rebranded to Ontra—a name derived from the company’s place at the heart of contracts. Ontra represents the company’s mission to make contracts more efficient and to free businesses and lawyers to focus on impactful, engaging work.
Read MoreInCloudCounsel, the global leader in Contract Automation and Intelligence, today announced it received $200 million in Series B funding in a round led by funds managed by Blackstone, with participation from existing investor, Battery Ventures, and board member, Mike Paulus. Blackstone’s investment was made through Blackstone Growth (BXG), the firm’s growth equity business. In conjunction with its funding news, the company also announced it has rebranded to Ontra—a name derived from the company’s place at the heart of contracts.
Read MoreOntra, a tech-enabled services provider that modernizes legal processes and documents for many of the world’s leading companies, today announced the opening of its Singapore office, further expanding the company’s footprint in the Asia Pacific region.
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