Headquarters
San Ramon, CAFounded
2022CEO / Founder
Shrikant BhaleraoEmployees
11-50Funding
SeedProducts
1 product listedAvg. AI Score
7.3/10Website
legittai.com/Profile updated
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.
Dated, source-cited figures. Estimates are marked.
All products by Legitt AI reviewed by our AI panel of experts.
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.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Legitt AI competes with, and how they differ.
Ironclad targets enterprise legal and procurement teams with a heavier workflow-automation and integration focus (Salesforce, SAP), priced for larger deployments versus Legitt AI's SMB-friendly AI-first drafting approach.
1 product reviewed on TopReviewedGenie AI focuses primarily on document automation and template-based drafting for law firms and legal teams, with less emphasis on end-to-end obligation tracking and e-signature that Legitt AI bundles in.
1 product reviewed on TopReviewedeBrevia specializes in AI-powered contract analytics and due diligence extraction for M&A and compliance review, a narrower risk-review use case compared to Legitt AI's full lifecycle (draft-to-sign-to-track) platform.
1 product reviewed on TopReviewedThomson Reuters' Contract Express and Practical Law AI serve large law firms and enterprises within a broader legal research and content suite, sold at enterprise pricing tiers versus Legitt AI's standalone CLM product for businesses of varying size.
5 products reviewed on TopReviewedConcord is a lower-profile, AI-core CLM competitor built specifically around contract negotiation and approval workflows with usage-based pricing, closely matching Legitt AI's target segment of mid-market companies seeking affordable end-to-end contract automation.
Key milestones in Legitt AI's history, with sources.
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.comLegitt 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.comLegitt 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.comLegitt 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.comLegitt 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.comLegitt 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.
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