Ironclad Risk increased enterprise deals 35% by adding native contract intelligence
A due diligence platform integrated Novera's API to add contract analysis capabilities, differentiating their product and increasing both deal closures and contract values.
Ironclad's platform performed financial and operational due diligence but lacked deep contract analysis capabilities. Clients often needed separate vendors for legal due diligence, creating friction in the sales process.
Ironclad integrated Novera's API into their platform, adding contract intelligence as a native feature. Now their due diligence reports include automated legal risk scoring alongside financial metrics.
Product differentiation led to 35% increase in enterprise deal closures. Average contract value grew 50% as clients consolidated vendors. Integration took just 6 weeks vs 6+ months to build in-house.
"Building contract AI ourselves would have taken 18 months and diverted engineering resources from our core product. Novera's API let us ship a market-differentiating feature in weeks."
Company
Ironclad Risk
About
Ironclad Risk provides AI-powered due diligence software for private equity firms and strategic acquirers.
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Due Diligence Platform
