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Overview
Evisort provides AI-powered contract analytics and contract lifecycle management (CLM) for businesses of all sizes. Its AI, trained on millions of contracts, extracts key terms and obligations to enable fast search, automated data extraction, and lifecycle tasks. It combines analytics with end-to-end CLM and emphasizes high data accuracy from a large contract dataset, helping teams close deals and manage risk. Its goal is to help businesses protect and accelerate growth by turning contract data into actionable insights and reducing risk.
About Evisort
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$155.6M
Headquarters
San Mateo, California
Founded
2016
Simplify's Take
What believers are saying
- Workday acquired Evisort in 2024, integrating with HR and finance platforms.
- Evisort solutions launched via Workday on March 27, 2025.
- Icertis partnership expands Evisort's CLM market reach collaboratively.
What critics are saying
- FTC antitrust blocks Workday integration, halting Evisort growth now.
- Icertis reverse-engineers Document X-Ray, eroding tech edge immediately.
- Leah AI poaches clients with cheaper pre-signature CLM workflows.
What makes Evisort unique
- Evisort's proprietary LLM excels in contract analysis from 11 million contracts.
- Document X-Ray customizes AI for responsible contract generative AI.
- AI-native platform named Visionary in 2024 Gartner Magic Quadrant.
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Funding
Total Funding
$155.6M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Unlimited PTO
Medical, dental, & vision
Remote-first work
Holiday shutdown
Wellness resources
Team events
Company News
LAS VEGAS - Workday, Inc. (NASDAQ: NASDAQ:WDAY), a leader in enterprise management for human resources and finance, has announced its intention to acquire Evisort, an innovative artificial intelligence (AI) document intelligence platform.
"We are excited to combine Evisort's document intelligence technology with Workday's integrated finance and HR platform, which will empower customers to use business-critical data effectively, within one true system."
Breaking News – Publicly-listed Workday, the HR platform, has signed a definitive agreement to acquire Evisort. Workday will add AI-powered document intelligence solutions across its finance and HR…
SAN FRANCISCO, Aug. 27, 2024 /PRNewswire/ - Evisort, the leader in AI-native contract intelligence and contract lifecycle management (CLM), today announced enhancements to its proprietary AI engine that empowers customers to ask anything and track everything in their contracts to drive high-value business outcomes.
CLM Icertis has announced a 'partnership' with rival CLM Evisort, in what is a very unusual type of deal.
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About Evisort
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$155.6M
Headquarters
San Mateo, California
Founded
2016
There are no jobs for Evisort right now.
Find jobs on Simplify and start your career today