Kira Systems

artificial intelligence/machine learning

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

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About

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)

People

FOUNDERS

Noah Waisberg

Alexander Hudek

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Insight Venture Partners

Momentum

FUNDED

YES

TOTAL FUNDING

$50 M

DATE OF LAST FUNDING

Sep 2018

TOTAL FUNDING COMMENT

The company will use the latest funds for its growth purpose. (Sep. 2018)

FUNDING SERIES

SERIES A  · $50 M  · Sep 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

Canada

Views:

64 VISITORS | 83 VIEWS
LATEST FUNDING ROUND

$50 M

TOTAL EMPLOYEES
51-200

About

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.

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