rfrnz offers automated contract analysis for legal professionals in law firms and corporate legal departments. Lawyers can work more efficiently and avoid errors while saving costs at the same time. We are using AI technologies like machine learning and natural language processing to understand the content of contracts and give a risk assessment. The rfrnz Contract Intelligence Platform extracts relevant information from contracts (clauses, topics or single KPIs) and thereby identify known and common risks. Furthermore, we are identifying anomalies such as unusual or missing clauses to also flag previously unknown risks. This can be used to analyze bulks of contracts, e.g. in M&A transactions, or to automate the contract workflow in organizations, e.g. for NDA handling. Target customers are law firms and corporate legal departments, but also procurement, finance and license management departments.
Legal AI Start-up rfrnz receives seven-figure investment for contract analysis