Who knew paperwork could be exciting? Wilshire Advisors discovered the secret weapon for their $121 billion portfolio: Ontra's Contract Automation. Suddenly, NDAs were processing at warp speed, and vendor contracts fell neatly into place. Sandy C. Managing Director, General Counsel, and Head of Compliance at Wilshire, reveals: "Ontra's Contract Automation triages the mountain of contracts with a streamlined process. It's like having an army of lawyers, minus the coffee addiction and billable hours." #OntraTheNewWay
Ontra
Software Development
San Francisco, California 19,526 followers
Ontra, the leader in Contract Automation and Intelligence, combines AI with a global network of talented lawyers.
About us
Ontra is the global leader in Contract Automation and Intelligence for private asset management firms. The Ontra platform combines AI-enabled software with a worldwide network of highly trained lawyers to modernize recurring legal workflows. Ontra’s solutions improve all aspects of the contract lifecycle — from negotiating and processing routine contracts to tracking obligations in complex agreements. Ultimately, Ontra reduces the time, expense, and risk associated with contract management, freeing its customers to focus on other strategic priorities.
- Website
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https://www.ontra.ai
External link for Ontra
- Industry
- Software Development
- Company size
- 201-500 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Legal Technology, Contract Automation, Contract Management, Contract Lifecycle Management, Private Markets, Private Equity, and NDAs
Locations
Employees at Ontra
Updates
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You may have already seen the ads on your feed or in person - Ontra launched its first major outdoor campaign in NYC! Our Marketing team has done an outstanding job bringing “Old Way / New Way” to life across Metro North stations, Grand Central, LinkedIn, and soon, Times Square. CMO Leslie Olsen’s leadership was key in making this happen. We’re proud of the team’s hard work and can’t wait for people to see it. If you’re in NYC, keep an eye out and let us know what you think. #OntraTheNewWay
It’s not every day you launch a major outdoor brand campaign in NYC, and this is a first for the team here at Ontra! Our Old Way / New way campaign started to rollout this week, with more to come in the next couple of weeks. Keep an eye out at Metro North train stations, in trains, and in Grand Central Station! Now, let me tell you why we did this. These ads focus on a core theme: The Old Way of handling legal and compliance workflows in private markets is not working - it’s manual, inefficient and error prone. Good enough is not good enough any more, and firms that aren’t willing to change have already fallen behind. Fortunately, there is a New Way: Ontra’s reliable AI built for private markets. Our platform delivers a suite of AI-powered solutions that help our customers work faster and smarter. These solutions tackle a range of workflows across the fund lifecycle. Over 800 of the world's leading private markets firms are already getting ahead with Ontra. To all my NYC friends – Keep your eyes peeled, and let me know what you think! For all my friends outside NYC – we’ll be sure to share more here on LinkedIn, so stay tuned… #OntraTheNewWay
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We’re proud to have had our COO, Jeff Bohl, participate in the panel discussion "Focus on AI – Is It a Distraction?" at the SuperReturn COO/CFO conference in Amsterdam this week. Joined by industry leaders Ronald Bell (Fremman Capital), Lionel Schreiber (李书博) (Kharis Capital), and Mark Peacock (Nordic Capital), the session explored how private capital firms are leveraging AI while addressing its potential drawbacks. The engaging conversation highlighted the importance of balancing innovation with a strategic focus in our rapidly evolving industry. Thank you to all the attendees for your insightful contributions! We look forward to continuing the dialogue on AI's role in shaping the future of private capital.
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Shoutout to Peter Graf for his thoughtful market breakdown! We’re thrilled you mentioned Ontra – we’re the folks behind the AI-powered legal tech platform for private markets. We’ve been processing industry contracts, including NDAs, for over a decade now - that’s over 1.2 million to date. It’s fascinating to see how our data can provide insights into M&A trends. We appreciate you highlighting the value of our information in your analysis.
With 10 weeks to go in 2024, it’s time to make investment decisions. While the outlook remains uncertain and the market’s predictions on the exact path of interest rates continues to shift, rates are starting to head lower. The U.S. Federal Reserve cut 50 basis points two weeks ago, and with the ECB cut rates a second time this year in September; contrastingly, the U.K. remains more cautious on cutting again. For now 200 bps of additional cuts are priced in the U.S. and the U.K. and Europe expects 157 bps and 159 bps respectively. Key trends in Asia remain more nuanced by country, with India, China, Japan and Australia all facing different tailwinds and challenges to their economic outlook. Globally, all eyes are on the next big data prints, starting with the U.S. jobs report at the end of the week (October 4th). Stepping back, the critical question is whether the world’s economies are actually heading towards a soft landing (the big hope) as opposed to a recession or one of many other scenarios. Summer in the northern hemisphere is long gone, and the last few weeks have been active in credit markets, with continued liquidity supporting corporate borrowers that are mostly performing well. Geopolitics and elections continue to dominate headlines, but the two key questions we are focused on are: - What is next for M&A? - What do the next 12 months look like for the financial health of companies and consumers? The ever-impending M&A Wave is starting to build as evidenced by everyone’s favorite legal document and a necessary hurdle for any business sale or M&A process: the Non-Disclosure Agreement (NDA). The legal firm Ontra, which works with some of the largest private equity firms globally, saw the strongest quarterly NDA volume for new transactions in eight quarters at the end of June 2024. Even still, M&A activity is slow to recover, likely due to the impact from rising interest rates. Debt—which companies need to fund new projects and M&A—now costs more and requires projects to earn a material premium to the rate of borrowing. Think about it this way: today a person with a floating rate mortgage or personal loan needs to assess extra carefully how best to spend their limited available cash on opportunities that can provide incremental value. According to Preqin, the differential in yield between the current U.S. risk-free rate and the three-year horizon returns for private equity is at the tightest level—outside of major market shocks—in the last 20 years… My colleagues Jennifer Kozicki, Boris Okuliar, Ruben Valverde, CFA and I tackle these questions and the trends we’re seeing in our respective regions in this quarter’s edition of the Ares Global Credit Monitor. Take a read of the full Q3 Global Credit Monitor including graphs here: https://lnkd.in/g5xeV7VC Ares Management Corporation #investing #markets #leveragedfinance #privatecredit #directlending
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The Corporate Transparency Act is knocking, and it's not selling Girl Scout cookies. As businesses face this new regulatory challenge, it's crucial to prepare for the filing requirements and January 1 deadline. Atlas offers a streamlined solution to help you navigate CTA compliance efficiently. Our automated process simplifies your FinCEN filing, ensuring you meet obligations without disrupting your operations. Don't fall behind and file late --- explore how Atlas can help your business stay compliant and ahead of the curve. Learn more: https://lnkd.in/gJS_8G6R #OntraTheNewWay
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Hours of redlining side letters? That's so last century. Now, you can review an unlimited number of side letters simultaneously, spotting differences and similarities in seconds. This shift isn't just about speed – it's about elevating your expertise. With quick comparisons, you can easily leverage past agreements to inform new negotiations and compliance tasks. Even better, less time on manual tasks means more time for strategic thinking. Ready for the new way to approach side letter management? The future of AI legal tech is here, and it's looking bright. https://lnkd.in/gMEkJNkA #OntraTheNewWay
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Fund managers, imagine transforming your side letters into a powerful, searchable digital compendium in record time. Our industry-leading AI does just that, revolutionizing how you manage fund documents. 👏 By quickly digitizing your side letters, we create a single source of truth for all your obligations. This enables confident compliance management and effortless searchability, streamlining your entire workflow. Say goodbye to outdated methods and hello to efficient fund management. Our reliable AI legal tech is trusted by leading private markets firms worldwide. Discover how our AI-powered approach can transform your side letter management in our latest blog post: https://lnkd.in/gG8F4cA2
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🚨 Only 3 days left until our exclusive rooftop gathering! Don't miss out on this opportunity to revolutionize your work-life balance. 📅 Date: September 30th 📍 Location: The Allerton Rooftop (145 East 39th St, near Grand Central) Register now - https://lnkd.in/gaVDJ2Ag Prepare to sip autumn-inspired cocktails while enjoying breathtaking NYC views. You'll have the chance to network with professionals who are redefining career success.
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“Ontra appealed to me because not only do we have an impressive technical team and vision, but also the business and legal acumen in leadership (and throughout the company) give me confidence in the thoughtful, strategic way we prioritize.” This month’s Ontra Employee Spotlight introduces Tori Hall, our Manager of Data Analytics. In a recent fireside chat, Tori reflected on her journey at Ontra over the past year, shared advice on how to remain competitive in the age of AI, and discussed her unique path from ballet to the world of data analytics. https://lnkd.in/gvFpmuRZ
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