Ontra Company Market Research Report

Company Overview

• Name: Ontra

• Mission: Accelerate Legal. Accelerate Commerce.

• Founded: No information is available

• Founders: No information is available

• Key People:

• Troy Pospisil, CEO and Founder

• Eric Hawkins, Chief Technology Officer

• Headquarters: San Francisco, USA

• Additional locations: London, UK, and Hong Kong, China

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Ontra is recognized as a global leader in AI-powered legal technology for private markets. The company streamlines and optimizes critical legal and compliance workflows.

Products

Ontra offers a suite of AI-powered solutions tailored for the private markets, including:

1. Contract Automation

• Description: An AI-enabled platform to streamline routine contract negotiations.

• Key Features:

• Digital Playbooks for customizable negotiation preferences.

• Markup Builder for AI-enabled contract creation.

• Originator Email Receipt for automatic detection of contract terms.

• Negotiation Summaries for key legal terms.

2. Insight

• Description: AI platform designed to power the private fund lifecycle.

• Key Features:

• Contract digitization and abstraction using AI and GPT-4.

• Searchable digital storage for fund documents.

• AI-powered search for quick answers about agreements.

• Obligation compliance management and digital MFN elections.

3. Atlas

• Description: AI-powered entity management solution for private equity.

• Key Features:

• AI-enabled organization of entity data.

• Smart Charts for automated structure visualization.

• Governance information for maintaining up-to-date records.

• Automated compliance workflows including CTA filing.

Recent Developments

• New Products Launched:

1. Automated CTA Filing: As part of Atlas, this feature helps private fund managers comply with Corporate Transparency Act (CTA) requirements.

• Press Releases:

• October 23, 2024: Launch of Automated CTA Filing in Atlas.

• Executive Changes:

• November 13, 2024: Appointment of Eric Hawkins as Chief Technology Officer.

• Awards:

• January 8, 2025: Earned Great Place To Work Certification™.

• November 26, 2024: Recognized as LegalTech AI Company of the Year by LegalTech Breakthrough.

• Partnerships: No specific partnerships detailed.

Conclusion

Ontra continues to lead in integrating AI with legal technologies, offering streamlined solutions for private markets. With ongoing development such as the CTA filing functionality and recognitions like the LegalTech AI Company of the Year award, Ontra is strengthening its position as an industry leader. The company's commitment to technological innovation is evidenced through its comprehensive suite of tools—Contract Automation, Insight, and Atlas—designed to enhance efficiency, compliance, and legal operations.