ContractProbe
- Company typePrivate
- Founded2017
- HeadquartersMelbourne, Australia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
ContractProbe firmographics
Firmographics- Name
- ContractProbe
- Legal name
- ContractProbe Pty Ltd
- Website
- https://contractprobe.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
ContractProbe industry classification
Industry- Product category
- Legal Technology / Contract Review Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Contract Lifecycle Management (CLM) & Document Generation/Templating (HDAEAGAL)
Keywords
Where ContractProbe is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
ContractProbe business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Monthly Subscription (Base Product): Fixed monthly subscription fee with no usage-based pricing changes or per-user charges. No hidden extras - agreed price is what you pay. Termination with one month's notice.
- Customisation/Tailoring Services: Upfront fee for tailoring the product to suit specific business requirements. Fee agreed in advance and all-inclusive.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Base Product - Monthly Subscription |
| Subscription | Monthly | Tailored/Custom Product |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels10 records
ContractProbe product offering
Product offeringCore offering
ContractProbe is a cloud-based AI contract review SaaS that analyses draft incoming contracts in under 60 seconds, identifies key risks and departures from a customer's preferred template, and delivers either a redlined Word document or a structured table of departures. The product uses proprietary AI technology (not a wrapper around large language models) trained on executed NDAs, consultancy, employment and technology licence agreements, and can be tailored to an organisation's own contracting playbook.
Product overview
ContractProbe is a single, unified AI-powered contract review platform delivered as a cloud-based SaaS. The core product, ContractProbe, analyzes incoming contracts in under 60 seconds to identify risks and departures from preferred templates. The platform includes a Microsoft Word Add-In for seamless integration into existing workflows. Reports are delivered as redlined Word documents or structured tables of departures. The tool uses proprietary artificial intelligence technology specifically designed for reviewing legal documents, with no software download required.
Differentiator
Problem solved
Functional benefit
Products and services
- ContractProbe AI-powered cloud-based contract review platform that analyses draft incoming contracts in under 60 seconds, identifies key risks and departures from the customer's preferred template contract, and outputs redlined Word documents or structured tables of departures. Targeted at general counsel, in-house legal teams, law firms and government teams handling high-volume, low-value transactions.
- ContractProbe Customisation Services One-off professional service for tailoring the ContractProbe platform to a customer's specific business requirements and contracting playbook. Fee is agreed in advance and is all-inclusive, with the standard monthly subscription applying after tailoring is complete.
Quantifiable outcome
- Contract review in under 60 seconds
- +1 more outcomes
Companies that use ContractProbe
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
ContractProbe technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature6 records
ContractProbe partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
ContractProbe competitors and assessment
Company assessmentDirect peers
- Kira Systems: Kira Systems provides AI-based contract review and analysis, extracting key clauses and identifying risks from contracts. Now part of Litera, it is a direct functional peer to ContractProbe, offering AI-driven contract review to law firms and in-house teams.
- Evisort: Evisort is an AI contract review and analytics platform trained on legal language to identify risks, key clauses, and obligations. Now part of Ironclad, it is the most direct comparable to ContractProbe in product functionality, serving in-house legal teams with similar use cases.
- Luminance: Luminance is an AI contract review platform that uses proprietary machine learning to read and analyze legal documents for risks, anomalies, and deviations. It is a direct peer to ContractProbe, serving in-house legal teams and law firms with similar AI-driven first-pass contract review functionality.
- LawGeex: LawGeex is an AI contract review platform that automates the review and approval of everyday business contracts. It is a direct competitor to ContractProbe in the AI-driven first-pass contract review space, serving in-house legal teams with similar speed and consistency claims.
Broad incumbents
- Icertis: Icertis is a large enterprise contract lifecycle management platform with AI-powered contract intelligence. While it spans the full CLM lifecycle rather than just review, its ExploreAI and contract analytics capabilities overlap directly with ContractProbe's value proposition for in-house legal teams.
- Ironclad: Ironclad is a well-funded digital contracting platform that has expanded its scope by acquiring Evisort, an AI contract review and analytics company. It directly competes with ContractProbe in the AI contract review niche while also offering the full CLM lifecycle, making it the most visible competitive threat.
- LinkSquares: LinkSquares offers an AI-powered contract lifecycle management and analysis platform serving in-house legal teams. It overlaps with ContractProbe on contract review and analytics while also providing broader CLM functionality, making it a strong adjacent competitor.
- Onit (including Precedent and OnitX): Onit is a broader enterprise legal tech platform offering contract management, AI-based contract review, and workflow automation. Its AI review capabilities overlap with ContractProbe's product, while the broader platform positions it as a more established incumbent in the legal tech market.
Emerging players
- Spellbook: Spellbook is an AI assistant for lawyers that drafts, reviews, and suggests language for contracts using large language models. While it focuses more on drafting than ContractProbe's review-first approach, it targets the same in-house legal and law firm buyers with AI contract tooling.
- SpotDraft: SpotDraft is a contract lifecycle management platform that uses AI to assist with contract drafting, review, and management. It is an emerging player with overlapping AI contract review capabilities to ContractProbe, though typically positioned for broader CLM use cases.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ContractProbe social profiles
Digital presenceContractProbe financial estimates
Financial estimateRevenue estimate
Valuation estimate
ContractProbe leadership team
Management profileNumber of profiles
Profiles1 record
ContractProbe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ContractProbe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ContractProbe
What does ContractProbe do?
ContractProbe is a cloud-based AI contract review SaaS that analyses draft incoming contracts in under 60 seconds, identifies key risks and departures from a customer's preferred template, and delivers either a redlined Word document or a structured table of departures. The product uses proprietary AI technology (not a wrapper around large language models) trained on executed NDAs, consultancy, employment and technology licence agreements, and can be tailored to an organisation's own contracting playbook.
Is ContractProbe a public or private company?
ContractProbe is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ContractProbe founded?
ContractProbe was founded in 2017. It employs 1 to 10 people.
Where is ContractProbe based?
ContractProbe is headquartered in Melbourne, Australia, in the Oceania region.
How does ContractProbe make money?
Two revenue lines are on record. Monthly Subscription (Base Product) is the primary driver. The others are customisation/Tailoring Services.
Who are ContractProbe's main competitors?
Direct peers on record are Kira Systems, Evisort, Luminance and LawGeex. Broad incumbents are Icertis, Ironclad, LinkSquares and Onit (including Precedent and OnitX). Emerging players are Spellbook and SpotDraft.
Does ContractProbe have an API?
No public API is recorded for ContractProbe.
What industry is ContractProbe in?
ContractProbe's product category is Legal Technology / Contract Review Software. Its primary akta.pro industry code is HDAEAGAL, Contract Lifecycle Management (CLM) & Document Generation/Templating. Its NAICS code is 513210 and its SIC code is 7372.