Company profile: Akorda
1.1 - Company Overview
Company description
- Provider of AI-powered contract lifecycle management software for the enterprise, offering SaaS legal AI for contract negotiation and review. Solutions include the Contract Control Program combining AI and human expertise; LegalSifter Organize for search, reminders, workflows, and data accuracy; Sifter Factory and Sifting Services for concept detection and data extraction; and Adams Contracts document-assembly templates.
Products and services
- LegalSifter Organize: An enterprise-grade contract lifecycle management platform that searches, reminds, and drives workflows for contracts, ensuring data accuracy and organization
- Contract Control Program: An AI-driven program that combines machine intelligence with human expertise to simplify contract operations by managing, organizing, and analyzing contracts
- Sifter Factory: A custom-engineered service that develops AI Sifters to identify contract concepts with high accuracy and supplies out-of-the-box playbooks for various contract types
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Akorda
ContractRoom
HQ: United States
Website
- Description: Provider of an AI-powered negotiation and contract lifecycle management platform offering a true end-to-end contracting environment with automated routing workflow and deep contract insights for more informed decision making, transforming how decisions are made and deals get done.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Reveal
HQ: United States
Website
- Description: Provider of cloud-based eDiscovery, compliance, and risk technology offering full processing, early case assessment, review, and AI capabilities. Solutions include Reveal Processing (over 900 file formats, multilingual translation), Reveal Review (multilingual analysis/review), Brainspace AI analytics, a pre-trained AI model library, and in-place live data search, review, and analytics with template-based repeat searches.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Amicable
HQ: United Kingdom
Website
- Description: Provider of technology-enabled divorce and separation services for couples, helping them reach fair agreements and make arrangements legally binding. Services include Divorce with Consent Order, Negotiation Service, Assisted Divorce and Consent Order, Consent Order, Simple Divorce, and Separation Agreement write-up.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Aboalarm
HQ: Germany
Website
- Description: Provider of contract termination services enabling users to unsubscribe and revoke contracts quickly and conveniently, offering more than 5,000 termination letter templates, with cancellation forms and shipping developed with lawyers; over 3 million cancellations successfully transmitted.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Ontra
HQ: United States
Website
- Description: Provider of AI-powered legal workflow automation solutions for contract management, fund compliance, and entity management. Its solutions streamline processes to help sales teams manage legal documents and obligations, leveraging data from numerous contracts to enhance negotiation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Ontra company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Akorda
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Akorda
2.2 - Growth funds investing in similar companies to Akorda
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4 - Top valuation comps for Akorda
4.2 - Public trading comparable groups for Akorda
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