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LegalSifter acquires Akorda.​

 

Becomes Full-Lifecycle Provider of AI-Enabled Contract Software and Services

LegalSifter, the leading provider of AI-powered software and services for contract review and administration, has acquired Akorda, an innovative contract lifecycle management software company based in San Francisco. This strategic acquisition expands LegalSifter’s software and service capabilities from contract creation through post-signature contract data analysis.

 

The acquisition supports LegalSifter’s mission to cure the pain associated with negotiating and managing contracts. Akorda’s software platform broadens LegalSifter’s existing “before you sign” contract review solution by adding contract drafting, approvals, and e-signature capabilities.  Akorda also brings contract analysis and a repository that complement LegalSifter’s “after you sign” AI-powered contract administration solution.

This acquisition brings together Akorda's practical and easy to use capabilities to manage 1st party contracts in the Akorda system with LeglaSifter's leading solutions for reviewing and organizing contracts on 3rd party paper.

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