Juro offers an AI-native contract automation platform designed to streamline the entire contract lifecycle. Features and functions of Juro include:
Juro AI
Juro’s AI features are designed to support contract workflows by automating common tasks and reducing manual input. AI Extract enables users to upload contracts and automatically identify and extract key data points, such as dates, parties, and terms. The extracted data can be tagged, organized, and aggregated for easier tracking and reporting. AI Draft assists in creating and editing contracts by generating suggested language based on user input and predefined templates. It allows users to revise clauses while maintaining consistency with internal standards. AI Review helps streamline the contract review process by identifying deviations from standard terms and suggesting alternative language. These tools aim to reduce the time spent on routine tasks while maintaining oversight and control throughout the contract lifecycle.
Create
Users can generate contracts swiftly using browser-native templates. Contracts can be initiated directly within Juro or through integrations with platforms like Slack and CRM systems, facilitating seamless contract creation from familiar tools.
Sign
Juro provides advanced electronic signature capabilities accessible on any device. This feature ensures a secure and efficient signing process, with a comprehensive audit trail maintained within the platform.
Approve
The platform offers no-code workflow builders that allow for the creation of customized approval processes. Conditional approvals can be set based on specific contract values, ensuring appropriate oversight and control throughout the approval stages.
Review
Juro facilitates secure, browser-based contract negotiations. Parties can comment, approve, and negotiate directly within the platform, with the AI Assistant providing support to expedite these processes.
Track
Automated reminders help manage contract deadlines and obligations effectively. The system provides real-time visibility into contract statuses, reducing the risk of missed renewals or compliance issues.
Store
Juro serves as a centralized repository for all contracts and associated data. Its intelligent storage system allows for quick retrieval and comprehensive reporting, enabling users to track obligations, renewals, and risks effortlessly.
Connect
The platform integrates with over 5,000 applications, including Salesforce, HubSpot, Slack, and Google Drive. These integrations ensure that contract workflows are seamlessly connected with core business systems, enhancing operational efficiency.
By consolidating these features into a single AI-native workspace, Juro empowers legal and business teams to manage contracts more efficiently, reducing manual tasks and accelerating agreement processes.
Funding Information:
Juro has raised a total of $31M in funding over 5 rounds. Their latest funding of $23M was raised in January 2022 from a Series B round led by Eight Roads Ventures with support from Seedcamp, Union Square Ventures, Point Nine, and Taavet Hinrikus.
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