Evisort

Evisort

AI-powered contract analytics and management

About

Evisort provides AI-powered contract analytics and lifecycle management services to help businesses manage their contracts more efficiently. The company's technology has been trained on over 11 million contracts, allowing it to analyze a vast amount of contract data with high accuracy. This capability enables clients to search and review contracts significantly faster, reportedly improving efficiency by over 93%. Evisort serves a diverse range of clients, including sales operations directors, CFOs, and legal operations directors from various industries, helping them focus on closing deals instead of dealing with paperwork. Unlike traditional contract management solutions, Evisort's services also provide insights into contractual security risks and streamline vendor audits. The goal of Evisort is to protect and accelerate its clients' businesses by reducing the time spent on contract management and minimizing risks.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, AI & Machine Learning, Legal

Total Funding

$151.4M

Headquarters

San Mateo, California

Founded

2016


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Simplify's Take

What believers are saying

  • Evisort's acquisition by Workday enhances platform capabilities and customer base.
  • Partnership with Icertis could lead to innovative solutions and market expansion.
  • Recognition as a 'Top Performer' highlights strong market position and customer satisfaction.

What critics are saying

  • Workday acquisition may disrupt existing client relationships and service delivery.
  • Partnership with Icertis may create conflicts of interest affecting market positioning.
  • Document X-Ray(TM) may face adoption resistance or technical issues impacting satisfaction.

What makes Evisort unique

  • Evisort uses AI to analyze over one billion contract data points accurately.
  • Evisort's Document X-Ray(TM) offers unprecedented visibility into contract agreements.
  • Evisort's AI technology transforms legal challenges into strategic opportunities for businesses.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%

Benefits

Unlimited PTO

Medical, dental, & vision

Remote-first work

Holiday shutdown

Wellness resources

Team events

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