Kira Systems

artificial intelligence/machine learning

FOUNDING YEAR: 2011
LOCATION: Canada
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

Kira Systems helps enterprises uncover relevant information from their contracts.Our easy-to-use machine learning software requires no consulting engagement and no technical expertise to get started.About KiraKira is powerful, award-winning software that excels at searching and analyzing contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional models that can accurately identify virtually any desired clause. Kira can be deployed on virtual data rooms and other large repositories of contracts, creating summary analyses within minutes. Customers, who include some of the world's largest corporations and professional services firms, have trusted Kira on hundreds of billions of dollars of transactions to date. They also deploy Kira for knowledge management, contract search, analytics, and other use cases where visibility into contract provisions is critical.More at https://kirasystems.com

MEDICI Analysis

Kira System is a contract analytics software company that leverages artificial intelligence to automatically identify and extract relevant information from contracts and other legal documents. Kira automatically highlights and extracts provisions that are important are important for the organization for data analysis.

Focus

PRODUCTS & SERVICES

The artificial intelligence powered platform help to reduce the data extraction/analysis time by 20-90%. Kira has over 450 built-in models that can provide insights about projects including due diligence, lease abstraction, compliance, deal points, finance, etc.

COMMENT

The company leverages proprietary machine learning technology to automatically identify and extract relevant information from contracts and other related documents.The company is focusing on building a product that gives clients “answers” to their contract problems, rather than simply spotting certain aspects of a contract. (Sep. 2018)

Traction

TRACTION COMMENT:

The company claims that it's revenue has grown about 100 percent annually. (Sep. 2018)

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp