Last week, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is making an additional investment, and another growth equity firm,…
Breaking: Investment Firm KKR Acquires Majority Ownership of CLM Company Agiloft
I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As…
Agiloft Releases Generative AI Feature To Shortcut Contract Negotiations and Better Align Redlines
Redlining is the bane of contract negotiations. The back-and-forth between the parties can drag on and on as they seek to arrive at language on which they both can agree.
Even before the advent of generative AI, several contracts technology products sought to streamline this process — most typically by comparing a draft received from…
Agiloft’s New ‘AI Trainer’ Is Designed To Empower Non-Technical Users To Create Custom AI Models
One of the challenges of using artificial intelligence software for contract review is training the AI to conform to a company’s unique preferences regarding clauses and key terms. A new product from the contract lifecycle management company Agiloft aims to help companies overcome that challenge by enabling non-technical legal and business professionals to train…
Roundup Of Legal Tech News from CLOC Institute: with News From Agiloft, Casepoint, ContractPodAI, Evisort, LinkSquares, LiquidText, Ontra, PERSUIT
The CLOC Global Institute, the conference of legal operations professionals now underway now in Las Vegas, has become a leading venue for legal technology companies to announce product news — particularly when that news relates to products that serve corporate legal departments and legal ops. This year has brought a slew of announcements of…
Now You Can Have A Conversation with Your Contracts Using Agiloft’s New ConvoAI Chat Feature
Admit it: You’ve always wanted to have a conversation with your contracts. Well, now you can, thanks to ConvoAI, a feature introduced today by Agiloft, the contract lifecycle management company, during its Agiloft Summit 23 conference for users and partners in Las Vegas.
The feature lets users interact with contracts in a chat-like…
How It Works: Agiloft’s Just-Released ‘Connected Experiences’ Extends CLM Across the Enterprise
On the latest installment of How It Works: Breaking news from the contract lifecycle management company Agiloft, which today announced its 2021 winter release, featuring new Connected Experiences for easier enterprise integration, enabling teams to collaborate on contracts within established applications and ecosystems.
Joining me today to provide an overview of Connected Experiences and…
Nicole Bradick and Andy Wishart on Why UI and UX Matter in Legal Tech Adoption
You would be hard-pressed to find two people in legal technology more experienced in user interface and user experience design than Nicole Bradick and Andy Wishart. Bradick is founder and CEO of the legal tech design and development firm
Add-On To Agiloft’s CLM Platform Manages Sourcing and Suppliers
The contract lifecycle management company Agiloft today released an add-on module for companies to manage sourcing and supplier information, with the goal of reducing sourcing cycle time, automating supplier onboarding, and monitoring ongoing compliance.
Andy Wishart, Agiloft’s chief product officer, told me that this is the first of…
LawNext: How 30-Year-Old Agiloft Is Making Waves In The Hot CLM Market
No sector of the legal technology market is hotter right now than contract lifecycle management. And while that sector is crowded with companies that are relative newcomers, one of the companies making the biggest waves is 30 years old.
Over the past year, Agiloft, the no-code CLM company, raised $45 million in growth equity…
Legaltech Moves: Wishart to Agiloft; Levine to ContractPodAi
Two notable people moves in the legal tech news this week.
Wishart Joins AgiloftLondon-based Andy Wishart has left Thomson Reuters, where he was most recently vice president of drafting and productivity solutions, to join Agiloft, the California company that provides a no-code contract lifecycle management platform, where he will serve as…
Contract Lifecycle Company Agiloft Gets $45M Investment and New CEO
The contract management lifecycle company Agiloft has received a $45 million growth equity investment from FTV Capital — the first outside investment for this 29-year-old California company.
In conjunction with the investment, Eric Laughlin has been named chief executive officer, succeeding Agiloft’s founder Colin Earl, who will remain with…