Syntracts provides a platform for querying entire contract portfolios instantly to surface necessary information for decision-making. The system delivers data with confidence scores, allowing users to validate flagged results and improve accuracy over time. This centralized, verified contract data integrates directly into existing legal, finance, and operations workflows.
Funding
Funding not disclosed
Founders
Product
Problem
Legal professionals face challenges in efficiently extracting precise and customized insights from complex legal documents. Manual data extraction is time-consuming, prone to errors, and can delay critical decision-making processes. Maintaining data privacy during this process is also a significant concern.
Solution
Syntracts offers an AI-powered contract intelligence platform designed to automate and streamline data extraction from legal documents. The platform utilizes a proprietary stack of small, open-source Large Language Models (LLMs) and synthetic data to provide accurate and tailored insights. By deploying on-premises, Syntracts ensures complete data privacy and control for law firms and legal departments. The platform integrates with existing document management systems and workflows, enabling attorneys to focus on analysis and strategic tasks rather than manual data entry.
Target Audience
Syntracts is designed for law firms, legal departments, and legal knowledge management teams seeking to automate contract analysis, improve data extraction accuracy, and maintain data privacy.
Features
- On-premises deployment for complete data privacy and control
- Proprietary stack of small, open-source LLMs fine-tuned with synthetic data
- Customizable data extraction points to meet specific firm requirements
- Integration with existing document management systems
- AI-powered analysis for accurate and reliable data extraction
- Intuitive interface for effortless confirmation and review of extracted data
- Continuous learning and improvement through user feedback
- SOC 2 Type I audit completed; working towards ISO 27001 certification and SOC 2 Type II audit