Full-Time

Business Development Representative

Posted on 11/16/2024

Ontra

Ontra

201-500 employees

AI solutions for automating legal processes

AI & Machine Learning
Financial Services
Legal

Compensation Overview

$44.1k - $61.6kAnnually

+ Equity Grants + Commission

Entry, Junior

Chicago, IL, USA + 1 more

More locations: New York, NY, USA

Candidates must be based in New York City or Chicago.

Category
Business Development
Business & Strategy
Required Skills
Lead Generation
Salesforce
Requirements
  • 1+ year of experience conducting cold calls and sending cold emails (or other written outreach); experience within a global technology company preferred
  • You consistently strive for and exceed sales targets; there is no goal too large and no client too complex for you
  • You enjoy learning new skills and have experience adapting to new platforms quickly; experience with Excel, Salesforce, and Outreach a plus
  • You are comfortable communicating to a wide range of audiences with clear, concise, and compelling language
  • You are process-oriented and enjoy creating and maintaining systems upon which others rely
  • You have excellent time-management skills, can prioritize tasks appropriately, and work to streamline processes
  • You are a stickler for punctuation and grammar and consider yourself a go-to proofreading resource
  • You have the desire and ability to rapidly learn about new industries and the pain points of our target customers
Responsibilities
  • Support lead generation by conducting research and helping the Sales team curate prospect lists
  • Make 30 calls and send 50 emails per day in order to hit a goal of booking 10 meetings per month
  • Manage calendars, external resources, and efficiency tools to coordinate meetings, pitch activities, and conduct outbound campaigns
  • Help prepare for net-new meetings and sales pitches by preparing debriefs, write-ups, and other materials as needed
  • Execute sales outreach, support Account Directors and Account Executives in meetings, and manage follow-up activity to ensure smooth and consistent communication with prospects
  • Ensure data accuracy by entering new sales data, and by maintaining and updating Salesforce
  • Manage key action items and ad hoc requests for business development needs

Ontra.ai automates legal processes for investment firms using AI technology. Its software streamlines the intake, negotiation, and execution of routine contracts, allowing legal teams to focus on more strategic work. The company differentiates itself by offering specialized solutions tailored to the private markets and by utilizing a network of freelance legal professionals. Ontra's goal is to transform legal workflows throughout the fund lifecycle, enhancing efficiency for its clients.

Company Stage

Series B

Total Funding

$233.5M

Headquarters

San Francisco, California

Founded

2014

Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ontra's client base includes 9 of the top 10 PEI-ranked firms, indicating strong market validation and growth potential.
  • The recent appointment of experienced leaders like John Lofy and Leslie Olsen suggests a focus on enhancing customer success and marketing strategies.
  • Integration of advanced AI technologies like GPT-4 positions Ontra at the forefront of legal tech innovation, potentially attracting more high-profile clients.

What critics are saying

  • The legal tech market is highly competitive, with numerous players vying for market share, which could impact Ontra's growth.
  • Dependence on freelance legal professionals may pose challenges in maintaining consistent service quality and compliance.

What makes Ontra unique

  • Ontra's AI-powered legal operating system is specifically tailored for private markets, setting it apart from more generalized legal tech solutions.
  • The integration of OpenAI's GPT-4 into Ontra Synapse enhances its AI capabilities, providing a competitive edge in automating complex legal workflows.
  • Ontra's global network of freelance legal professionals allows for scalable and flexible contract management, unlike competitors who rely solely on in-house teams.

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