LegalSifter Overview

LegalSifter builds simple, affordable artificial intelligence products that help people manage their legal obligations and opportunities. It uses natural language processing and machine learning to turn unstructured terms, conditions, and words into structured data and insights. LegalSifter actively uses 19 technologies for their website, according to BuiltWith. These include Domain Not Resolving, IPv6, and Organization Schema.

As the leading provider of AI-powered software and services for contract review and administration, LegalSifter recently acquired Akorda, an innovative contract lifecycle management software company based in San Francisco. This strategic acquisition expands LegalSifter’s software and service capabilities from contract creation through post-signature contract data analysis.

The acquisition supports LegalSifter’s mission to cure the pain associated with negotiating and managing contracts. Akorda’s software platform broadens LegalSifter’s existing “before you sign” contract review solution by adding contract drafting, approvals, and e-signature capabilities. Akorda also brings contract analysis and a repository that complement LegalSifter’s “after you sign” AI-powered contract administration solution.

This acquisition brings together Akorda's practical and easy to use capabilities to manage 1st party contracts in the Akorda system with LegalSifter's leading solutions for reviewing and organizing contracts on 3rd party paper.

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