ThoughtRiver

AI-powered platform that automates contract review and risk analysis for legal professionals and organizations.

Law firms using it: 0
Tracked moves: 0
Latest activity: —
Category: Software Development

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At a glance

Pricing model: Enterprise contract
Built for: In-house legal teams
Category: Software Development
Founded: 2016
Team size: 51-200
Funding: Series B
Security posture: ThoughtRiver is ISO 27001 certified, which means it adheres to international standards for information security governance.
Data handling: ThoughtRiver explicitly states the following about data handling: - Data is encrypted at rest and in transit.

Use cases

Contract review/Redlining Document summarization Due diligance Knowledge management Compliance monitoring

Practice areas

Corporate / M&A

Law firm adoption

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In depth

ThoughtRiver is a legal technology company that offers an AI-powered platform for contract review and risk analysis. Their main product uses artificial intelligence, including natural language processing (NLP) and machine learning, to automate the review of legal contracts. The AI identifies risks, obligations, and key clauses, applies redlines, and provides actionable insights with high accuracy. The target audience for ThoughtRiver's AI product is primarily legal professionals, in-house legal teams, and organizations seeking to streamline and accelerate their contract review processes.