
IntelloSync
Generative AI-powered contract lifecycle management platform.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
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Founded in 2023 by Aakash Chaudhary, Ritesh Kumar, and Abhishek Gupta, IntelloSync Technologies Pvt. Ltd. is a legal technology company headquartered in Gurugram, India. The company provides a Contract Lifecycle Management (CLM) platform that utilizes generative AI to streamline contract processes for legal, sales, finance, HR, marketing, and procurement departments.
The platform, bolstered by the large language model IntelloAI, is designed to digitize and automate the entire workflow of legal documentation, from drafting and negotiation to execution and renewal. Key features include AI-powered contract analysis, template generation, real-time collaboration, compliance tracking, and secure document storage. IntelloSync also offers an "IntelloSync Copilot," an AI assistant available as a Microsoft Word plugin that provides contract insights, a clause wizard for editing and analysis, and risk assessment. The system aims to reduce contract review times, mitigate legal risks, ensure compliance, and improve overall efficiency, claiming it can save legal teams up to 60% in time and costs.
IntelloSync operates on a SaaS business model, targeting legal professionals, corporate legal departments, and other B2B enterprises. The company offers a free trial, with paid subscription plans available. In March 2024, the company announced the closing of a Pre-Seed funding round led by Malpani Ventures, with participation from angel investors including KRS Jamwal (Executive Director, Tata Industries), Dinesh Godara, and Dhruv Sane. The platform integrates with other business software such as Salesforce, HubSpot, Slack, and Google Drive.
Keywords: contract lifecycle management, legal technology, generative AI, CLM, contract automation, AI legal assistant, contract drafting, contract review, risk analysis, compliance management, IntelloAI, IntelloSync Copilot, legal SaaS, B2B enterprise solutions, document management, negotiation workflow, e-signature, corporate legal