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Ontra

Contract automation, obligation tracking and entity management for private equity and private markets firms

Ontra combines AI software with a network of lawyers to negotiate routine contracts such as NDAs, track fund side-letter obligations and manage entities for private-markets investors. It started in 2014 as InCloudCounsel and says it has more than 1,000 customers and has processed over 2 million contracts. It raised a $40M Series A (2019), a $200M Series B (2021) and $70M of financing from Silicon Valley Bank (2025).

Market
Contracts & Transactions, Private equity and private markets legal teams
Based in
United States
Founded
2014
Stage
Series B
Founders
Troy Pospisil
Website
ontra.ai

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