5 years ago

ThoughtRiver Raises $10M to Automate Contract Review with AI

  • ThoughtRiver, a London-based legaltech startup, has raised $10 million in a Series A funding round led by Octopus Ventures

  • The company uses AI to automate contract pre-screening, aiming to make deal-making faster

  • ThoughtRiver's software is used by companies like G4S, Singtel, and DB Schenker

  • The funding will be used to expand in the US market and integrate with major tech partners.

    • ProblemTechnology

      "making contract reviews more efficient and accelerating deal-making processes"

      Solution

      "using AI to pre-screen contracts, generating a risk assessment, and suggesting tweaks to remediate problems"

      Covered on