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Ironclad AI
Digital contract lifecycle management (CLM) with artificial intelligence for legal and business operations
Ironclad Inc.
Founded in 2014
Paid
Legal
Access Ironclad AI
Custom annual corporate subscription based on the volume of contracts processed and number of users.
contract-management
legalops
digital-signature
workflow-automation
enterprise-contracts
What is Ironclad AI?
Ironclad (Ironcladapp.com) is an enterprise contract lifecycle management (CLM) platform founded in 2014 by Jason Boehmig and Cai GoGwilt. The software was designed to transform how legal and business teams (such as sales and procurement) create, negotiate, and store business contracts. Integrating generative artificial intelligence (Ironclad AI), the platform automates the extraction of metadata from old documents, reviews clauses against corporate playbooks, and accelerates approvals, converting legal processes into structured data.
How it works
The contract workflow in Ironclad starts from a request form or directly from a CRM (like Salesforce). The platform generates the initial contract version using pre-approved templates. During negotiation, Ironclad's AI analyzes incoming counter-proposals (redlines) and automatically compares them with the company's legal policy, pointing out risky clauses and suggesting alternative pre-approved wording. After signature, the contract is stored in a dynamic repository (Smart Repository), where the AI reads the document, extracts key dates (such as automatic renewals), values, and obligations, creating automated alerts for stakeholders.
Key features
- Workflow Designer: Visual interface to draw the path of contract creation, review, and approval without coding.
- Smart Import: Mass PDF upload tool where the AI reads, OCRs, and automatically extracts over 150 contract metadata fields (dates, names, values, jurisdictions).
- AI Playbooks: Real-time review assistant that reads third-party contracts and alerts about non-compliant terms, suggesting pre-approved replacement texts.
- Collaborative Editor (Ironclad Editor): Real-time collaborative negotiation environment compatible with Microsoft Word.
- Custom Alerts & Dashboard: Structured database that monitors contract compliance, renewal dates, and performance.
Available integrations
Ironclad connects to major business software to keep data in sync:
- CRMs: Salesforce and HubSpot (for sales reps to request contracts in one click).
- Digital Signature: DocuSign, Adobe Sign, and the native Ironclad Clickwrap tool.
- Communication: Slack and Microsoft Teams.
Who it is for
- In-house legal departments of tech, finance, and retail companies with high daily volumes of commercial contracts.
- Procurement and Purchasing teams that need to manage hundreds of supplier and service provider contracts.
- Sales Operations (SalesOps) looking to accelerate proposal and contract sending integrated with the CRM.
Real-world use cases
- Sales Contract Acceleration: A tech startup's sales team closes a deal in Salesforce. Ironclad AI automatically generates the service contract, filling in client details, sends it for smart review, and collects the digital signature, reducing approval time from weeks to hours.
- Contract Expiration Audit: A corporation uses Smart Import to upload 1,000 scanned physical contracts. The AI reads the documents, fills in the expiration dates, and sends weekly notifications to the procurement team to prevent missed renewal deadlines.
Pricing
| Plan | Price | Type |
|---|---|---|
| Enterprise | Upon Request | Annual corporate subscriptions with variable pricing based on contract volume and user seats |
Pros and Cons
Pros:
- End-to-end integration of CRM workflows with automatic contract generation and review.
- Excellent accuracy in extracting terms from scanned PDFs.
- Friendly interface for non-lawyers (like sales and purchasing teams).
Cons:
- The software requires complex configuration and workflow setup during the initial deployment phase.
- Aimed exclusively at medium and large enterprise use, with pricing incompatible with freelancers or small businesses.
Alternatives to Ironclad AI
The main alternative electronic contract management tools on the market are:
- LinkSquares: A CLM platform very strong in AI focused on writing and extracting contract metadata.
- Icertis: Enterprise-grade and highly scalable CLM solution for global supply chains.
- DocuSign CLM: The contract lifecycle management software from the digital signature giant DocuSign.
- Harvey Legal AI: Focused on deep legal research and due diligence for large law firms.
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