Ontra
Last Updated
Overview
Ontra software helps private markets firms hand off routine contracts, like NDAs, to a global network of legal professionals who negotiate from agreed playbooks. Turnaround can lag when a deal needs documents back urgently, but AI-generated summaries make key terms easy to pull up once negotiations close.
Overall Rating
Based on 3 users reviews
4.7
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
$2000
per month
Ontra Specifications
- Document Management
- Document Automation/Assembly
- Workflow Automation
- Compliance & Security Features
What Is Ontra?
Ontra is an AI platform for private markets firms that turns contracts, fund documents, and entity records into information teams can search and act on. Its products follow the work legal and compliance teams repeat most: Contract Automation and Accord for negotiating routine agreements, Insight for Funds and Insight for Credit for tracking investor obligations and credit covenants, and Atlas for entity management. It also offers DDQ for investor due diligence questionnaires and a reverse Know Your Customer (KYC) service that handles third-party KYC requests end to end.
Behind the software, Ontra’s subject matter experts and legal professionals review AI output for accuracy. For a general counsel or compliance lead, that can mean less time digging through side letters and spreadsheets to answer a simple question.
What Is Ontra Best For?
AI-Powered Contract Negotiation is one of Ontra’s key features. It combines AI with digital playbooks, contract precedents, and legal professionals to support routine negotiations. The feature can suggest markups as well as identify relevant past agreements. It then applies established negotiation positions, giving legal teams a consistent basis for reviewing and revising contracts.
How Much Does Ontra Cost?
Ontra pricing starts at $2,000/month for the Advanced and Premier editions of its contract automation service. It also offers free trial for contract automation plans. Other paid plans include:
- Contract Automation
- Standard Edition: No monthly minimum fee listed
- Accord (AI-powered contract review): Custom pricing
- Insight for Funds
- Standard Tier: Custom pricing
- Advanced Tier: Custom pricing
- Premier Tier: Custom pricing
- Insight for Credit
- Advanced Tier: Custom pricing
- Premier Tier: Custom pricing
- Atlas (AI-powered entity management for private equity): Custom pricing; annual software license
- KYC (Fully Outsourced Reverse KYC): Custom pricing
- DDQ (DDQ Automation for the Private Markets): Custom pricing
In additional to these things, final price may depend on some additional costs, some of which include:
- Expedited Contract Processing: ~25%–50% per-contract surcharge. Rush requests may carry an additional fee
- Expanded Strategies, Regions, Or Affiliates: Custom; estimated +10%–25%. Additional fees may apply when services are extended to more affiliates, strategies, or regions
- Additional Services Or Functionality: Custom; estimated $500–$2,000+/month. Extra services or functionality may require a new or amended order form
Disclaimer: The pricing is subject to change.
Ontra Integrations
Ontra connects with the file storage, CRM, fundraising, and AI tools many private markets teams already use, including:
- Box
- SharePoint
- Salesforce
- Passthrough
- Claude
- ChatGPT
How Does Ontra Work?
Here's how private market firms can use Ontra to move a routine contract from submission to completion:
- Log in to Ontra with your firm's credentials and open the contract dashboard to view active negotiations and their status
- Forward the contract to Ontra’s email; it identifies key terms and flags relevant provisions or restrictions
- Apply your Digital Playbook to set the firm's preferred, fallback, and final positions for recurring negotiation terms
- Review AI-assisted markups based on relevant contract precedents and established negotiation positions. Markup Builder can surface comparable agreements and suggest redlines
- Monitor negotiation progress through the dashboard, which shows the status of matters handled by Ontra's legal professionals
- Review the completed negotiation and summary after finalization
- Use other Ontra solutions for related processes, including Insight for Funds for investor obligations and side letters and Atlas for entity records
Who Is Ontra For?
Ontra AI is ideal for a wide range of private market users and firms, including:
- Investment firms
- Investment banks
- Law firms
- Legal teams
- Compliance teams
- Finance teams
- Investor relations teams
Ontra Use Cases
Ontra is most relevant to private-market organizations dealing with recurring legal work for different funds, investors, and counterparties. Common situations include:
Deal Teams Managing A Constant Flow Of Inbound NDAs
When a firm or bank is running several processes at once, NDAs pile up quickly, and each one still has to match the firm’s positions before confidential information changes hands. Contract Automation can take that queue off the deal team’s desk. Ontra’s legal network negotiates routine NDAs against the firm’s playbook, and same-day review is available at an extra cost when a counterparty is waiting. Nonantum Capital, for example, reports saving more than 1,000 hours after moving its NDAs to Ontra.
Compliance Officers Reconciling Investor Requirements Across Funds
A side letter signed years ago can still create an obligation that affects a fund today. Compliance teams may need to trace different reporting requirements, rights, and other provisions for numerous investor agreements while determining which terms apply to each fund. Insight for Funds in Ontra organizes those provisions into searchable obligation records, giving teams a way to monitor requirements without repeatedly reviewing the underlying documents.
Lean Legal Teams Deciding What To Hand Off
Growing fund managers rarely add lawyers as fast as they add funds, so a small in-house team ends up splitting its time between investor matters and a steady stream of routine agreements. Ontra gives these teams two options. Firms that want the work off their plate can send it to Ontra’s legal network through Contract Automation. Teams that would rather keep negotiations in-house can use Accord, which gives their own lawyers a digital playbook and AI markup tools.
Lean Legal Departments Supporting Growing Fund Managers
Adding more funds does not necessarily mean adding legal staff at the same pace. A small in-house team may be balancing fund operations, investor matters, strategic legal work, and a growing number of routine agreements. Delegating qualifying negotiations to Ontra's legal network gives these firms another way to manage additional contract volume without assigning every routine matter to internal counsel.
Law Firms Running MFN Elections For Different Fund Clients
Ontra's digital MFN solution supports law firms managing elections to fund clients. MFN elections involve more than collecting investor responses. Side letter terms must be reviewed, election materials distributed, responses recorded, and resulting elections documented for each applicable investor. The solution helps firms distribute elections and track responses, with resulting obligations able to flow into Insight for Funds.
Is Ontra Right For You?
Ontra may be a fit for private-market firms whose legal and operational workload is increasing. Its product suite covers contract automation, fund obligations, credit agreements, entity management, and investor due diligence, allowing firms to address multiple requirements through one vendor as their operations grow.
Ontra holds SOC 2 Type II, ISO 27001:2022, and ISO 42001 certifications and uses encryption, SSO, multifactor authentication, and role-based access controls. Ontra has also received recognition for its work in legal technology. It was named LegalTech AI Company of the Year in the 2024 LegalTech Breakthrough Awards.
Still doubtful if Ontra is the right fit for you? Get in touch at (661) 384-7070, and we will help you make an informed decision.
Ontra Features
Structured Credit Data
Insight for Credit is Ontra’s AI-powered solution for managing credit agreements. Its Structured Credit Data feature converts credit documents into searchable data by identifying covenants and linking them to the relevant contract language. It can also categorize similar covenants and generate covenant descriptions for easier review.
Covenant Compliance Tracking
Insight for Credit helps private-market firms monitor their obligations to lenders. Its Task Workflows feature connects affirmative and financial covenants to assigned tasks, allowing teams to track deliverables, identify potential default triggers, and manage required compliance actions across portfolio companies.
Centralized DDQ Precedent Library
Ontra DDQ manages investor due diligence questionnaires and provides a precedent library for approved responses. Firms can store information from previous DDQs and other internal materials, giving teams a reusable source when preparing new questionnaires instead of starting each request from scratch.
Governance Information
Atlas is Ontra’s entity management solution for private equity firms. Its Governance Information feature maintains records for directors, officers, authorized signatories, EINs, and closing dates. Atlas can also connect with CT Corporation to reflect new entity information.
Pro Forma Structure Charts
Atlas provides Pro Forma Structure Charts for modeling proposed changes to a firm’s entity structure. Users can update draft structures as transactions develop, share them for review, and publish approved versions to create or update entities in Atlas. This is particularly relevant during transaction planning.
Pros And Cons of Ontra
Pros
Follows clients' established policies and negotiation guidelines
Named relationship managers provide a consistent point of contact
Email-based document submission simplifies contract intake
Flags potential contract issues during the review process
Provides legal input alongside routine document processing
Cons
Some reviewers report gaps in progress notifications
Review times can vary for certain document requests
Printed structure charts may have inconsistent formatting
Ontra Pricing
Standard Edition | Advanced Edition | Premier Edition | Accord Annual Software License | Standard Tier | Advanced Tier | Premier Tier | Advanced Tier | Premier Tier | Atlas Annual Software License |
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Custom Price | $2000 per month | $2000 per month | Custom Price | Custom Price | Custom Price | Custom Price | Custom Price | Custom Price | Custom Price |
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Disclaimer: The pricing details were last updated on Sep 25, 2026 from the vendor's website. Please contact us for a tailored pricing list.
Ontra Reviews
Total 3 reviews
4.7
All reviews are from verified customers
Rating Distribution
5
Stars67%
4
Stars33%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Mid Market, 51-100 employees
“Excellent NDA analysis”
Pros
Quite efficient to work with them... and the platform is simple to use. The NDA analysis is high quality and the communication around potential issues is excellent. Their team is also very responsive and shows a strong understanding of our business and what we need.
Cons
There is very little to dislike. The service could be seen as expensive but considering everything it delivers, I'd still say it offers good value.
Rating Distribution
Ease of use
10
Value for money
7
Customer Support
8
Functionality
9
Small Business, 11-50 employees
“Efficient CA review workflow”
Pros
Sharing a CA is as simple as sending an email and the team does a really good job following our pre-set guidelines and calling out any question marks. The process is simple to pick up and it's also easy to work with the team when some back-and-forth is needed.
Cons
It can take a while to process CAs at times although it's understandable since it can be difficult for them to judge how quickly we need the documents reviewed.
Rating Distribution
Ease of use
8
Value for money
10
Customer Support
10
Functionality
10
Not Specified, N/A employees
“faster deal processing”
Pros
Simple to get started with and using it day to day has been very efficient. It lets me handle more deals in less time, which has been a big advantage. The initial setup also went off without any issues.
Cons
None
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
What types of pricing plans does Ontra offer?
Ontra price starts at $2000 for Advanced and Premier Plans. It offers other customized plans for different user needs and requirements. Get a detailed Ontra cost breakdown tailored to your specific requirements.
What level of support does Ontra offer?
Ontra offers support via telephone, email, and online form.
What language does Ontra support?
Ontra software primarily supports English.
Does Ontra offer an API?
Yes, Ontra offers an API.
Who are the typical users of Ontra?
Ontra features are used by investment firms, law firms, compliance teams, and fund managers.
Does Ontra have a mobile app?
No, Ontra does not offer a dedicated mobile app.
What other apps does Ontra integrate with?
Ontra connects with Box and SharePoint for importing files, Salesforce and Passthrough for syncing fund and investor data, and Claude and ChatGPT through its Model Context Protocol (MCP) server.