Ontra

What if software could completely transform how we approach legal and compliance workflows in private markets? Troy Pospisil, Founder and CEO of Ontra, recently joined Capital Allocators to discuss how the digital evolution of legal and compliance workflows is reshaping deal-making and fundraising. From his early career in management consulting to his experience at H.I.G. Capital, Troy shares how he saw a major gap in the industry and the solutions that followed. The conversation dives into product development challenges, multi-stakeholder engagement, and how digital-native leaders are using technology to close funds faster and with less risk. A must-listen for anyone curious about the future of legal tech in private markets. https://lnkd.in/gc6wmwN4

Spending hours redlining side letters? That’s a thing of the past. Now, you can instantly compare multiple side letters, identifying key differences and similarities in seconds. This shift isn’t just about speed, it’s about boosting your expertise. Quick comparisons help you navigate compliance and leverage past agreements to guide negotiations. And with less time spent on manual work, you have hours to focus on high-level strategy. AI-driven legal tech is here to revolutionize side letter management. Are you ready for the next level?

Thrilled to share that Ontra has been named "LegalTech AI Company of the Year" by LegalTech Breakthrough! Our AI is revolutionizing how private markets firms handle contract automation, obligation management, and entity management. From automating contract negotiations to powering interactive AI Search within fund documents, we're helping over 800 leading firms work smarter and faster. Proud of our team's dedication to freeing professionals from manual tasks so they can focus on what truly matters. The future of legal tech is here, and we're just getting started! https://lnkd.in/gMSY5NvX

📈 Private equity CCOs are ditching their massive spreadsheets — and it’s about damn time. With unprecedented regulatory pressure and AI-powered tools reshaping compliance, manual processes are becoming a liability. With Gartner predicting a 50% surge in GRC tool investments by 2026, CCOs who embrace AI now aren't just cutting costs — they're future-proofing their compliance programs against ever-increasing regulatory complexity. Discover how CCOs are using AI to up-level compliance workflows: https://lnkd.in/gXkidH35

Our team is growing! 🎉 We’re thrilled to welcome our newest members to Ontra as we continue to set new standards in legal technology. Please join us in welcoming them to the team! 🚀

“Ontra’s decisions are guided by real intentionality, not by imitating other companies. I knew that this would bode well in terms of the R&D culture because questioning your assumptions as you’re building a product is really healthy.” This month’s Ontra Employee Spotlight introduces Robyn Hwang, our Senior UX Designer. In a recent fireside chat, Robyn discussed her five-year journey at Ontra, shared more about her experience as a woman in UX, and reflected on the first app she helped to develop in college. Read on: https://lnkd.in/eDPCN7sC

🚨 Important update for entities affected by recent hurricanes 🚨 FinCEN has granted a 6-month extension on CTA filing deadlines. This applies to reporting companies in areas designated for FEMA assistance and IRS tax filing relief with original deadlines starting one day before the hurricane and extending 90 days after. While managing these compliance requirements, consider streamlining your entity management with modern solutions like Atlas to stay ahead of future deadlines. More on the extended FinCEN deadline - https://lnkd.in/gRyQVKhD

What incredible evenings! Our exclusive supper clubs in NYC, London, and Hong Kong brought private markets leaders together for candid discussions on AI and legal tech over exceptional food. Our final supper clubs of 2024 were the perfect way to wrap up the year. Looking forward to hosting more thought-provoking dinners in 2025 — reach out if you'd like a seat at the table. 🍷

Excited to share that Ontra has achieved ISO 27001:2022 certification! ⭐️ This milestone validates our robust information security management system through independent third-party audits. For our clients, this certification demonstrates our unwavering commitment to protecting sensitive data with internationally recognized security standards. Building on our SOC 2 Type 2 compliance and pursuit of ISO 42001 certification, we’re continuously strengthening our security posture to deliver secure, enterprise-grade AI solutions. Proud of our team for making this happen! 👏 Learn more -  https://lnkd.in/gWpPY9Dc

Picture this: ✅ Draft routine legal documents in minutes, not hours ✅ Uncover key findings quickly during due diligence ✅ Track compliance with perfect consistency Sounds like a dream, right? AI isn't here to replace legal expertise — it's amplifying what skilled attorneys can accomplish. For private market legal teams, the legal tech revolution couldn't come at a better time. By handling time-intensive tasks and highlighting mission-critical details, AI tools free up GCs and their teams to focus on strategic priorities. Want to supercharge your legal and compliance workflows? The AI transformation is already underway. Learn how: https://lnkd.in/g7gzcBpe