Evisort
fund manager
sector
Technology and Software
geography
North America
Vintages
status
Portfolio
category
#Innovative

Evisort

Co-invested company
Evisort is an artificial intelligence company specializing in contract management. It offers a cloud-based platform that uses machine learning to extract, organize, and analyze contract data.
 Evisort team, part of the Private Equity manager's portfolio General Atlantic

Evisort key figures

2016
year established
1 bn
data used to drive its technology
11 M
contracts analyzed
200
employees
Data at
4/10/24
*Source: Public data from company websites and social networks. For the most up-to-date information, we invite our investors to consult the reports available in their own space.

About Evisort

Evisort has developed an artificial intelligence-based platform to help companies sort, categorize and manage their business documents, invoices and correspondence. Its platform supports the legal, finance, sales, procurement and IT departments of companies worldwide.

According to Jerry Ting, founder and CEO of Evisort, the company's aim is to help organizations gain in-depth knowledge of their contacts and contract processes, without any limitations or dependencies.

Thanks to a database fed by 11 million contracts and 1 billion pieces of data, Evisort's technology analyzes the context of documents and interprets legal language to help operational teams move faster and reduce company costs.

Based in San Francisco, Evisort was the first Contract Lifecycle Management (CLM) company to achieve ISO 27001 and 27001 certification.

Jerry Ting explains that his experience in law school led him to realize that traditional legal practice mainly involved tedious document review. This motivated him to develop a more efficient solution using advances in artificial intelligence. Unlike rules-based approaches, Evisort uses advanced AI technology to accurately extract essential information from even digitized contracts.

In 2022, Evisort recorded sales growth of almost 90%, reaching $14 million.

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