Ontra Legal Network

Ontra is a global leader in AI-powered legal technology specifically designed for the private markets. The company's platform is engineered to streamline and optimize critical legal and compliance workflows throughout the entire fund lifecycle. By leveraging a powerful combination of industry-leading artificial intelligence, proprietary machine learning models, and a vast dataset derived from over a million contracts, Ontra provides a comprehensive suite of solutions. These solutions are designed to automate contract processes, streamline the management of legal obligations, digitize entity management, and uncover valuable insights from legal data. The platform is trusted by over 800 global investment firms, including prominent private equity firms, investment banks, and law firms, to enhance efficiency and ensure compliance in their operations.

Founded in 2014 by Troy Pospisil, Ben Levi, and Lane Lillquist, Ontra was born out of the recognition of significant inefficiencies in the legal processes within the private equity sector. The founders, with their combined experience in private equity, law, and technology, set out to create a solution that would address the high volume of repetitive and mundane legal work that slowed down critical investment activities. The company's vision is to create a world where professionals can dedicate more time to high-value, strategic work by automating and streamlining manual legal workflows. Ontra's 'human-in-the-loop' model, which combines its advanced AI technology with a global network of experienced legal professionals, ensures both the speed of automation and the quality and nuance of human expertise. This approach has enabled Ontra to process over 1.5 million documents and establish itself as an indispensable infrastructure provider for the private markets, with a strong focus on continuous innovation and the development of new products to meet the evolving needs of its clients.