Docsum
Docsum is an AI-powered contract review and negotiation platform designed to accelerate the contracting process for legal, procurement, and sales teams. By integrating with existing tools like DocuSign, Google Drive, Gmail, and current Contract Lifecycle Management (CLM) systems, Docsum creates a centralized repository that streamlines contract management. The platform offers features such as AI-assisted redlining, real-time collaboration, and a secure AI copilot for contract analysis, enabling teams to negotiate and manage contracts up to three times faster, thereby reducing the time to close and increasing deal success rates. Founded in 2023, Docsum is headquartered in New York, United States.
Product Overview
Docsum is an AI-powered contract review and negotiation platform designed to streamline the contracting process for legal, procurement, and sales teams. By integrating seamlessly with existing tools like Microsoft Word, DocuSign, Google Drive, and Gmail, Docsum enables teams to negotiate and manage contracts up to three times faster, reducing the time to close and enhancing deal success rates. The platform offers AI-assisted redlining, real-time collaboration, and a centralized contract repository, allowing teams to analyze and redline contracts using configurable playbooks based on their own templates and precedents. Additionally, Docsum provides a secure AI copilot for contract analysis, ensuring that sensitive contract data is protected at every layer. Founded in 2023 and headquartered in New York, Docsum is backed by Y Combinator and maintains SOC 2 Type II, CASA, and California Bar AI Guidance compliance.
Features
- AI-assisted contract review and redlining
- Real-time collaboration tools
- Centralized contract repository
- Configurable playbooks based on user templates
- Secure AI copilot for contract analysis
- Integration with Microsoft Word, DocuSign, Google Drive, and Gmail
- SOC 2 Type II, CASA, and California Bar AI Guidance compliance
Company Details
- Headquarters
- 🇺🇸 New York, United States
- Founded
- 2023
- Type
- Legal Tech Vendor
- Founders
- Shaunak Turaga, Alex Leonov