Ontra secures $70M in a funding round to accelerate growth, led by Silicon Valley Bank. This capital will enhance product development and expand Ontra's offerings in AI legal technology.
Ontra secures $70M in a funding round to accelerate growth, led by Silicon Valley Bank. This capital will enhance product development and expand Ontra's offerings in AI legal technology.
06/10/25, 9:02 PM
Location
san franciscoMoney raised
$70 million
Industry
software
Investors
Battery Ventures, Silicon Valley Bank
Ontra has closed a $70 million financing round with Silicon Valley Bank to bolster its product development and expand its offerings. This funding will enable Ontra to launch new AI-powered products and enhance critical workflows across the fund lifecycle. With total fundraising of approximately $325 million, the company is positioned for continued growth in the private markets. The lead investor emphasized Ontra's compelling product vision and strong financial performance.
Company Info
Location
san francisco, california, united states
Additional Info
Ontra is the global leader in Contract Automation and Intelligence for private asset management firms. The Ontra platform combines AI-enabled software with a worldwide network of highly trained lawyers to modernize recurring legal workflows. Ontra’s solutions improve all aspects of the contract lifecycle—from negotiating and processing routine contracts to tracking obligations in complex agreements. Ultimately, Ontra reduces the time, expense, and risk associated with contract management, freeing its customers to focus on other strategic priorities.