Ontra logo

Ontra

AI Legal TechVerified90% conf

AI-powered contract automation and intelligence platform for legal workflows

ontra.ai

📍 San Francisco, New York, and London

Verified Data

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Revenue$126M

The company reported $126.0 million in revenue

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Funding$325M total, latest $70M debt financing (June 2025)

Ontra has raised approximately $325 million in combined financing and equity, with the latest being a $70 million debt financing round from Silicon Valley Bank announced on June 10, 2025

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Users1,000+ customers

They serve 1,000+ customers worldwide

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Team Size500-1,000 employees

The company employs between 500-1,000 individuals, with 493 specific positions listed

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Growth96% customer retention rate

boasts a 96% customer retention rate as of December 2025

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StageDebt financing (June 2025)
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Founded2014

Company Profile

ModelB2B SaaS
VerticalLegal, Private markets, Financial services
ClientsBlackstone, Warburg Pincus, AllianceBernstein, Battery Ventures
BuyersPrivate equity firms and financial institutions, including nine of the top ten PEI-ranked firms

Contact

Strategic Analysis

Strategy

Focus on AI-powered contract automation and intelligence for private markets, leveraging data from 1.5 million+ contracts to serve institutional clients. Target market expansion through debt financing to accelerate growth of their AI platform for legal workflow automation.

Tactics

Serve high-value enterprise clients including top-tier private equity firms. Built platform processing over 2 million documents with 96% customer retention. Raised debt financing rather than equity to fuel growth while maintaining control.

Competitive Positioning

Positioned as the leading AI contract automation platform specifically for private markets and institutional finance, differentiated by processing 1.5 million+ contracts and serving nine of the top ten PEI-ranked firms.

Marketing Approach

Enterprise sales targeting private equity firms and financial institutions. Focus on serving marquee clients like Blackstone and Warburg Pincus as case studies and references for market expansion.

Notable

Founded as InCloudCounsel in 2014, serves nine of the top ten PEI-ranked firms

Related AI Legal Tech Companies

Discovery Sources

Ontra
Mar 9, 2026

Signals

team size500-1,000 employees

The company employs between 500-1,000 individuals, with 493 specific positions listed

funding raised$325M total, latest $70M debt financing (June 2025)

Ontra has raised approximately $325 million in combined financing and equity, with the latest being a $70 million debt financing round from Silicon Valley Bank announced on June 10, 2025

revenue claim$126M

The company reported $126.0 million in revenue

web traffic61,457 visits/month

Crunchbase, citing Semrush, estimates their monthly website traffic at 61,457 visits

growth rate96% customer retention rate

boast a 96% customer retention rate

team size385 employees

Ontra employs about 385 people globally

funding raised$325M total funding

the company has raised a total of approximately $325 million in combined financing and equity investments

growth rate2% employee growth last year

Ontra's employee count grew by 2% last year

team size400-469 employees

The company's team size is reported as 400 employees, with another source stating 469 employees

user count1,000+ customers

Ontra serves over 1,000 customers as of 2025, processing more than 1 million routine contracts

funding raised$325M total financing

the company has since raised approximately $325 million in total financing, as reported in June 2025, though some sources indicate $310 million

revenue claim$85M-$126M ARR

Their estimated annual revenue varies across sources, with one reporting $126.0 million and another estimating $85 million

trend indicatorDocument Management🔗 source ↗
trend indicatorLegal🔗 source ↗
trend indicatorSoftware🔗 source ↗
trend indicatorVirtual Workforces🔗 source ↗
trend indicatorAnalytics🔗 source ↗
trend indicatorCloud Computing🔗 source ↗
trend indicatorInformation Technology🔗 source ↗
trend indicatorArtificial Intelligence🔗 source ↗
trend indicatorContract Automation🔗 source ↗
trend indicatorB2B🔗 source ↗
team size200 Employee🔗 source ↗
funding raisedraised $240M🔗 source ↗

Evidence

wellfound.com

Ontra, the leader in Contract Automation and Intelligence