Legitt AI

Legitt AI
Legitt AI
  • Headquarters

    San Ramon, CA
  • Founded

    2022
  • CEO / Founder

    Shrikant Bhalerao
  • Employees

    11-50
  • Funding

    Seed
  • Products

    1 product listed
  • Avg. AI Score

    7.3/10

Profile updated

Products
1
Avg AI Score
7.3/10
Founded
2022
Funding
$100,000
About Legitt AI

Legitt AI develops software for contract lifecycle management, founded in 2022 and headquartered in San Ramon, California. The company built its platform to automate contract creation, review and management for businesses using artificial intelligence.

The platform includes contract generation from templates, AI-based clause review with risk scoring, electronic signature capabilities, obligation and renewal tracking, and a searchable repository for stored agreements. Legitt AI targets legal, sales and procurement teams seeking to reduce manual contract review time and monitor compliance obligations across contract portfolios.

As an early-stage company, Legitt AI has a small team and has raised early-stage funding, though specific funding amounts have not been publicly disclosed in detail.

Specialties
Contract Lifecycle ManagementAI Contract ReviewClause-Level Risk ScoringElectronic SignatureObligation TrackingContract RepositoryContract Generation
Financials

Dated, source-cited figures. Estimates are marked.

ARR
$145,000
medium.com
Total Raised
$100,000
medium.com
Products by Legitt AI

All products by Legitt AI reviewed by our AI panel of experts.

How Our Review Panel Scores Legitt AI

Six independent reviewer personalities assessed Legitt AI's product on their own terms. They disagreed by 1.0 points — The Skeptic was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
7.6
The Finance Lead
7.6
The Domain Practitioner
7.6
The Power User
7.3
The Domain Strategist
7.2
The Skeptic
6.6

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Legitt AI competes with, and how they differ.

Company Timeline

Key milestones in Legitt AI's history, with sources.

  1. Launch

    Legitt AI launches version 5.0, "the operating system for contracts"

    Legitt AI ships v5.0 with 16 new features centered on Lana, an AI agent that flags contract risk, drafts context-aware renewals, and answers natural-language questions about contract terms with role-based access.

    legittai.com
  2. Launch

    Legitt AI launches Legitt Draft 4.0, a Microsoft Word add-in

    Legitt AI ships an AI-native contract drafting and review add-in for Microsoft Word, reaching more than 8,000 customers including large enterprises, letting legal, sales and procurement teams draft, redline and manage contracts without leaving Word.

    aithority.com
  3. Milestone

    Legitt AI achieves ISO 27001/27701 certification, launches Pro and Lite tiers

    Legitt AI (operated by Onitt Technology Labs Inc) obtains ISO/IEC 27001:2022 and 27701:2019 certification plus GDPR and SOC2 Type 2 compliance, and launches Legitt AI Pro for enterprise customers alongside Legitt AI Lite for small teams.

    einpresswire.com
  4. Milestone

    Legitt AI reaches $145K ARR and profitability six months after launch

    Within six months of its first paid customer, Legitt AI surpasses $12K in monthly recurring revenue (a $145K annualized run rate) and reaches operational profitability on a four-person team.

    medium.com
  5. Launch

    Legitt AI launches its first product version

    Co-founders Harshdeep Rapal and Ravi Baranwal ship the first version of Legitt AI's contract lifecycle management platform with a four-person team, landing their first paying customer the following month.

    medium.com
  6. Funding

    Legitt AI raises a $100K friends-and-family round

    After building an MVP over the summer, founders Harshdeep Rapal and Ravi Baranwal close a $100K friends-and-family round to fund initial development of an AI-native contract management platform.

    medium.com

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Legitt AI — Products & AI Reviews | TopReviewed.ai