Turn messy contract text into structured, machine-readable risk intelligence

Turn messy contract text into structured, machine-readable risk intelligence targets a $45.0B = 150,000 mid-large enterprises x $300K annual spend on contract/legal tech & services total addressable market with medium saturation and a year-over-year growth rate of 22%.

Key trends driving demand: AI-enabled legal automation -- recent LLM advances enable accurate clause extraction and summarization that was previously brittle.; Embedded compliance workflows -- organizations demand in-line contract checks inside CLMs and CRMs rather than separate tooling.; Regulatory scrutiny & auditability -- privacy, procurement, and financial regulators require auditable contract risk controls.; Shift to cloud and APIs -- enterprises prefer SaaS with connectors to CLM, ERPs, HRIS, and document stores for automated ingestion..