Ontra Secures $70M for AI Legal Tech Leadership

Ontra, the global leader in AI legal tech for private markets, has announced it has successfully raised $70,000,000 in new investment capital. This funding round underscores investor confidence in Ontra's technology and its position within the rapidly evolving legal technology sector, signaling a continued focus on innovation and growth. The company’s platform is designed to streamline and optimize critical legal and compliance workflows across the entire fund lifecycle for private markets. Leveraging industry-leading AI capabilities, data derived from over one million contracts, and an extensive global network of legal professionals, Ontra provides purpose-built solutions. These solutions automate contracts, streamline obligation management, digitize entity management, and surface actionable insights for its clients. Its technology is trusted by more than 800 global general partners, investment banks, law firms, and advisors, including nine of the top ten PEI-ranked firms worldwide. By improving legal process efficiency and accuracy, Ontra enables these firms to concentrate on their strategic priorities. This capital infusion is significant for Ontra’s strategic growth initiatives. The company plans to deploy the funds to further enhance its AI-powered platform, accelerate the development of new solutions, and expand its market reach globally. The investment will support ongoing innovation, ensuring Ontra continues to meet the complex demands of private market participants through advanced legal technology. The funding positions Ontra to continue its trajectory as a key innovator in AI legal tech. The company remains focused on empowering private markets with tools that improve operational efficiency and compliance, solidifying its commitment to driving the future of legal and compliance workflows for its growing client base worldwide.