Arteria AI
Company

Last deal

$30.M

Amount

Series B

Stage

26.10.2023

Date

3

all rounds

$40.1M

Total amount

General

About Company
Arteria AI is a Toronto-based company that develops an AI-powered platform for contract drafting, negotiation, and analysis.

Industry

Sector :

Subsector :

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Also Known As

Arteria, dTrax

founded date

01.01.2020

Number of employees

Last funding type

Series B

IPO status

Private

Description

Arteria AI's platform eliminates manual processes in contract management by structuring data throughout the documentation lifecycle, enabling faster decision-making. Their solution is specifically designed for global financial institutions, helping them handle complex client documents at scale. By taking a data-first approach, Arteria AI digitizes and generates robust datasets from contracts, allowing organizations to identify problems, seize opportunities, and drive value. The company was founded in 2020 and is being spun-out from Deloitte Canada's AI practice to accelerate the development of their enterprise digital contracting platform.
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