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"