Evisort, the no-code contract intelligence platform beloved by legal, procurement and sales operation teams worldwide, is entering a new era with the launch of the industry's first generative artificial intelligence (AI) capabilities. Evisort's reimagined AI technology provides transparent, understandable contract recommendations to drive decision-making and contract execution. Evisort's generative AI builds upon its existing AI capabilities by creating entirely new content. The Evisort AI Labs' innovation empowers legal and contracting professionals to use Large Language Models to draft, redline and negotiate contracts automatically -- freeing up time for strategic counseling. Evisort AI Labs' technology can also suggest edits that speed re-negotiations on existing complicated contracts.

The Business Intelligence Group today announced that Evisort is a winner in its inaugural Artificial Intelligence Excellence Awards program. Evisort is the leading provider of artificial intelligence (AI) solutions for contract management and analytics. This press release features multimedia. Evisort is a winner in The Business Intelligence Group's inaugural Artificial Intelligence Excellence Awards program. Evisort is the leading provider of artificial intelligence (AI) solutions for contract management and analytics.

It has been quite a year for legal tech startup Evisort. Twelve months ago this week, the company introduced its flagship product, Document Analyzer, a cloud-based AI and text-mining application that helps enterprises analyze and manage their contracts. At the time, I wrote that it "might just be the hottest legal tech and AI company you've never heard of." After launching with angel funding from Amity Ventures, an early-stage venture capital firm, and Village Global, a VC firm whose backers include Bill Gates, Mark Zuckerberg, Jeff Bezos and Reid Hoffman, the company earlier this year raised another $4.5 million in seed funding. Now today it is announcing that it has closed a Series A funding round of $15 million.

Over the past few years, a new trend has emerged in the business world, with companies looking to improve operational efficiency using the latest technological advances. Software developers are now pairing automation and artificial intelligence, which has caused a paradigm shift in many industries. It is within this framework that Jerry Ting built Evisort, a software looking to completely automate all processes related to sorting and pulling up information from a company's legal documents. Once he had the idea, he approached his co-founders about the feasibility of automation for legal paperwork. Jerry Ting, Amine Anoun and Jake Sussman co-founded Evisort in 2016.

Evisort, an artificial intelligence (AI) technology company, today announced the appointment of legal tech veteran Alexander Su (Alex) as its Director of Business Development. Su previously led the sales team at Logikcull, an eDiscovery automation company that grew revenue from 0 to $10M in just 19 months. Su's move is the latest in a recent trend of leadership talent being drawn to Evisort due to its explosive growth this year. Over the past decade, Su has been uniquely positioned to observe the evolution of legal technology. Earlier in his career, Su managed numerous discovery workflows as an associate at Sullivan & Cromwell.

Four Harvard Law students have their heads in the cloud--and they think the rest of the legal profession should join them. With their powerful new search engine called Evisort that harnesses cloud storage and artificial intelligence, they hope to revolutionize the costly and labor-intensive way that lawyers currently handle contracts and other transactional work, liberating them for more creative and interesting tasks. Developed by the students over the past two years, Evisort is "like Google for legal contracts," says Jerry Ting '18, co-founder and CEO, who came up with the idea as an undergraduate. While artificial intelligence is the cutting-edge of automating labor-intensive tasks such as document review, it hasn't yet been widely applied to contracts. Evisort jumps into that gap by enabling lawyers to quickly sort through thousands of contracts and other documents to unlock key insights for transactional work.