Our “Product Profiles” consist of the answers companies give to our Dealtech Product Profile Questionnaire. To learn more about the questionnaire and our approach to mapping the dealtech landscape, please see our “Product Profiles: Our Approach” post.
Product Name: Kira Systems
Product Category: Contract Analysis
Product Description:
Kira Systems’ technology is the most used and trusted software for contract review and analysis, helping the world’s largest corporations and professional service firms uncover relevant information from unstructured contracts and related documents. Kira is powerful, patented, award-winning software that excels at searching and analyzing contract text and can be deployed for contract metadata extraction, diligence, lease abstraction, regulatory compliance and other projects where visibility into contract provisions is critical. Using Kira Quick Study, anyone can train additional models that can accurately identify virtually any desired clause. To find out more, please visit www.kirasystems.com.
Key Features
Kira comes with the ability to identify over 450 common data points in a wide variety of contracts, agreements, and licenses. Patented Quick Study technology means Kira can be easily customized to identify and extract any contract information required. With a robust API, Kira can be integrated into existing workflow.
Key Competitors
Seal, Luminance, eBrevia
Key Differentiation
Kira’s robust pre-built models allow for a wider variety of contract analysis use cases than any other platform on the market, with no service fees required. Complete with an intuitive training platform, users can also train Kira to learn new models, in the same way the would otherwise be doing the work.
Key Customers
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Deloitte
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DLA Piper
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Freshfields
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Clifford Chance
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Davis Polk
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Latham & Watkins
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BKD
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Moss Adams
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Integreon
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Dimension Data
Pricing
Pricing is based on volume of usage and is sold in annual license contracts.
Trials/Guarantees?
Yes, Kira encourages prospects to test the software by participating in a structure proof of concept.
Key Integrations
With an open API, Kira can be integrated into a number of different workflows directly by customers. Built-in integrations have been configured with Intralinks, HighQ and NetDocuments.
Security/Information Security Features
Kira Systems is SOC2, Type 1 certified, attesting to the security of Kira and providing customers with assurance about the security, availability, and confidentiality of the systems used to process their data. Two-factor authentication can be configured by client users. We also support integration for Single Sign-On (SSO).
