Zuva Launches Free AI-Powered Contracts Review Tool

Bob Ambrogi

Zuva, the company that spun off from Kira Systems after Kira was acquired by Litera in 2021, is offering a completely free version of its AI-powered contract review technology, which can be used by anyone just by uploading contracts to Zuvas website.

Contracts AI is typically pretty expensive, Noah Waisberg, Zuvas CEO and cofounder and the original cofounder of Kira, told me. Weve had people pay us literally millions of dollars to use a different version of the same tech. This is free.

There are some limitations over the paid version of the same technology. Document sizes are limited to PDF documents of under 150 pages or 5 MB, and users will not be able to export or copy and paste the results.

Also, only certain types of review are available, including for lease terms, vendor/supplier contract terms, rev/ops terms in customer contracts, finance/ops/privacy terms in customer contracts, M&A diligence terms, credit agreement terms, and employment agreement terms.

Were doing it because we think that by exposing people to our technology, there will be some of them who decide to pay us to use different versions of the technology, Waisberg said.

Waisberg said that Zuva is the best in class for contracts AI and that, by making it easy to ease, he believes some users will see its value and want to integrate it into other systems.

Because it is all browser based, it is extremely easy to use, even for those who have not previously used a contract review platform.

Users can find contract info without having to learn a new UI, register for a new service, or even give their email, Waisberg said.

You can access the tool directly from the Zuva home page. No registration is required. If you just want to try it but do not have a contract at hand, Zuva has sample documents you can use.

 

Legaltech Monitor is a one-stop source for legal technology news and information.
Copyright © 2024. Robert Ambrogi. All rights reserved.
logo