Contractworks

Name: Contractworks
Brand: Onit, Inc.
SKU: 6919b2e325b481d741872353
Rating: 4.7 (370 reviews)

نظرة عامة على شركة Contractworks للبرمجيات

ContractWorks is a U.S.-based contract lifecycle management (CLM) company headquartered at 6500 Hollister Ave, Goleta, California. The company was founded in 2012 (some sources report 2013) with the mission of offering simple, rapid, and secure contract management through a subscription-based cloud platform. It has operated largely independently under the Onit umbrella since September 2025.

التأسيس والنمو

Funding: Backed by one institutional investor, K1 Investment Management, with a single funding round to date.
Employee Count: Headcount peaked around 50 in 2021–2022, decreasing to 32 by December 2022.
Revenue & Scale: Estimated annual revenue is around $2.3 million; monthly website visits averaged ~30,000 in late 2025.
Market Context: Ranked among ~2,993 competitors globally, with peers including Adobe, Box, and DocuSign. Valuation is primarily informed by PitchBook and Tracxn, though exact figures are not publicly disclosed.

عروض ومميزات المنتجات

ContractWorks delivers a comprehensive yet user-friendly CLM platform with core features including:

Secure, SOC 2 Type 2 cloud storage and repository.
AI-driven auto-tagging, OCR, and document outline generation.
E-signatures and document redlining with two-way Word compatibility.
Conditional workflow automation reduces approval times by up to 80%.
Custom tags, reminders, reporting, dashboards, access controls, and multi-language extraction.
Updates are continuous and automatic via a cloud-first model.

الاستحواذات وتوسيع المنتجات

Although ContractWorks has not made significant external acquisitions, it has expanded substantially through:

A dedicated London office launched in 2024 to serve European markets.
Salesforce AppExchange Connector (2018), Office 365 integration, and other 2019–2020 enterprise enhancements.

Contractworks Al والميزات الجديدة

Significant recent innovations include:

AI auto-tagging, enhanced OCR, and contract outline features since mid-2019.
2025 launch of “Clause Creator” and “Simplify”, built on OpenAI’s GPT-3, enabling auto-generation and simplified drafting.
Annotations—custom-color highlighting, tagging, and reporting—launched alongside AI capabilities.
ContractWorks Academy offers on-demand tutorials, monthly Office Hours, and “Ask Me Anything” sessions.

ثقافة الشركة وقيمها

As part of Onit (USA & India offices), ContractWorks embodies a supportive, team-focused, and flexible culture:

AmbitionBox 2025: Rated 4.5/5 for work-life balance and satisfaction.
Glassdoor 2023: Rated 3.7/5; team-oriented environment praised.
Indeed 2025: Highlights include flexibility, but mixed feedback on retention and benefits.

Overall, teams are noted for innovation, developer responsiveness, remote working flexibility, and global support.

المجتمع وقاعدة المستخدمين

Over 128 organizations use ContractWorks, predominantly in Healthcare, IT, and Software, spanning from SMBs to large enterprises.
Case studies include BNP Paribas, Walmart Canada, Louis Dreyfus, GreenShield Canada, Chesapeake Bay Foundation, deploying the platform in days or weeks.
FeaturedCustomers lists 27 real-world success stories across industries, including nonprofit and defense.

Contractworks

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