Evisort Stock

Evisort is a cutting-edge provider of AI-powered contract lifecycle management (CLM) solutions. Their platform is designed to automate and streamline all phases of contract management, from creation to analysis, utilizing advanced AI technologies to enhance efficiency, compliance, and operational insights for organizations across various industries.

Founded: 2016

Evisort Website

Evisort Company Overview

Founded with a vision to revolutionize contract management through artificial intelligence, Evisort offers a comprehensive suite of tools that assist organizations in managing their contract portfolios more effectively. At the heart of Evisort’s offerings is their proprietary AI technology, which includes the first large language model specifically developed for contracts. This technology enables the automation of complex processes such as contract drafting, negotiation, and compliance checks, significantly reducing the manual effort involved and accelerating the contract lifecycle. Evisort's platform supports a wide array of functionalities including AI-enhanced contract analysis, automated data extraction, and real-time reporting. These features help legal, sales, procurement, and finance teams to make informed decisions quickly, mitigate risks, and identify opportunities within their contracts. Additionally, Evisort facilitates seamless integration with other enterprise systems like Salesforce, SAP Ariba, and Microsoft SharePoint, enhancing workflow connectivity and data accessibility. The company also emphasizes collaboration and customization, offering tools that enable team collaboration and the adaptation of AI models to meet specific organizational needs. Evisort’s client base spans multiple industries, including healthcare, finance, and technology, highlighting its capability to cater to diverse contractual needs and compliance requirements. Evisort is widely acknowledged as a leading innovator in the contract lifecycle management (CLM) field. This recognition underscores their ongoing dedication to enhancing technological capabilities and customer satisfaction within the dynamic environment of contract management.

Management Team

Jerry Ting Chief Executive Officer
Rachael McBrearty Chief Customer Officer
Amine Anoun Chief Technology Officer
Jake Sussman Chief Operating Officer
Steve Tucker Chief Sales Officer
Elie Wahnoun Chief of Staff and VP of Strategy and Operations

Funding Information

News

Contract AI Company Evisort Ranks No. 178 on the 2023 Inc. 5000

Inc. revealed that Evisort ranks No. 178 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses.

Evisort embeds AI into contract management software, raises $100M

Evisort's flagship platform uses AI to read contracts that users then upload into the SaaS-based platform.

Evisort Announces Next Generation AI Contract Processing with Advanced OCR Ingesting 450,000 Contracts Per Day

Evisort announced its next-generation AI contract processing with advanced OCR ingesting. Evisort's proprietary AI has made a massive leap in capacity — now ingesting and analyzing up to 450,000 contracts per day to help organizations gain value even faster with a complete, intelligent contract repository in days, not months.

Evisort Enters New Era with Generative AI for Contract Intelligence

Evisort AI Labs is pioneering new ways to draft and negotiate contracts with generative AI.

Evisort introduces industry's first smart OCR AI with multi-language capabilities and expands clause library to accelerate end-to-end contracting

Evisort debuts enhanced AI and expanded platform capabilities to make the contract lifecycle easier, faster and more reliable for global teams. The improved user experience features enhanced Optical Character Recognition (OCR) technology, multi-language capabilities, and an expanded intelligent clause library for more efficient drafting and more confident negotiation.