Pramata logo — Giving companies the power to solve business-critical challe...

Pramata

Giving companies the power to solve business-critical challenges—with enterprise-grade contract AI that actually works.

Founded 2005 United States Brisbane, United States 328 employees Series A Total: $10.00M Analytics, Computing +2

General Information

Company Name Pramata
Founded Year 2005
Location United States Brisbane, United States
Employees 328
Industries Analytics, Computing, Information Technology +1
Funding Stage Series A
Social

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About Pramata

Pramata is an established player in the contract lifecycle management space, founded in 2005 and headquartered in the United States. The company offers a unique value proposition with its radically simple approach to contract management. With a recent $10.00M Series A investment led by Volition Capital, Argosy Capital, and Peninsula Ventures, Pramata is poised for growth and further innovation. Pramata's offering combines advanced technology with the expertise of seasoned contract professionals, aimed at simplifying complex contract management processes. This integrated approach has been refined over 17+ years, positioning the company as a leading provider in the space. The platform differentiates itself through its emphasis on clean data and complete, intuitive contract organization as the foundation, paving the way for users to leverage its unique GenAI Assistant. The company's commitment to radical simplicity is evident in its focus on automating repetitive tasks, providing powerful contracting insights, and enabling self-service access to critical business information. Furthermore, Pramata's solution offers features such as organized digital contract repository, KPIs and reporting, global search capabilities, visibility into inflight contracts, centralized request portal, and automated renewal calculations. These attributes not only streamline contract management but also empower legal teams to focus on high-value work, accelerating deal processes, and enhancing overall transparency. Overall, Pramata’s innovative approach, coupled with its recent funding and strong investor backing, positions the company as a key player in the contract lifecycle management space, with potential for impactful growth and continued disruption within the Analytics and Information Technology industries.

Taxonomy: Contract Lifecycle Management, Technology Platform, Legal Tech, Contract Management, Data Organization, AI Assistant, Contract Experts, Contract Repository, Global Search, KPIs and Reporting, Workflow Automation, Renewal Management, Data Accuracy, Business Efficiency, Digital Transformation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $10.00M 3
Volition Capital, Argosy Capital +1
15 Dec 2015

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FAQ About Pramata

Giving companies the power to solve business-critical challenges—with enterprise-grade contract AI that actually works.
Pramata was founded in 2005.
Pramata is headquartered in Brisbane, United States.
Pramata operates in Analytics, Computing, Information Technology and CRM and Sales. Its work centres on Contract Lifecycle Management, Technology Platform, Legal Tech and Contract Management.
Pramata has approximately 328 employees.
Pramata has completed 1 funding round, raising a total of $10.00M. The latest funding stage is Series A.
Top alternatives and competitors to Pramata include Webdox Legal, PACTA, a DiliTrust company, Conga, Avokaado, DocQ. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pramata and Webdox Legal are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Pramata, https://bouncewatch.com/company/pramata, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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