Acquisition marks new milestone as contract-intelligence leader advances long-term AI strategy

Icertis, the global leader in AI-powered contract intelligence, has announced the acquisition of Dioptra, strengthening its next-generation AI capabilities for enterprise contracting. The move marks a significant step in the company’s long-term AI roadmap following the launch of Icertis Vera and represents a pivotal moment in contract lifecycle management (CLM) innovation.

With more than 80% of C-suite leaders now prepared to allow AI agents to support contract negotiations, emerging capabilities from Icertis and Dioptra are helping to turn this shift into reality. Dioptra’s precise redlining tools and automated playbook generation enhance the Icertis Contract Intelligence platform, accelerating accuracy and efficiency across contracting workflows and creating an AI-first experience at every stage of the process.

“Icertis and Dioptra share a commitment to keep customers at the forefront of what’s possible with AI. Their technology and talent are the perfect complement to underscore our leadership and enable Icertis to deliver even greater value across the entire contract lifecycle,” said Anand Subbaraman, CEO, Icertis. “Icertis has the most robust contract data repository in the market, and that enables us to deliver more accurate AI that understands the intention of contracts. Dioptra’s legal-centric tools will be an added catalyst to adoption of our platform as we continue to define the future of contracting with breakthrough AI.”

Historically, contract data was dispersed across an average of 24 systems, according to World Commerce & Contracting. Today, Icertis Contract Intelligence brings this information together within a single platform, providing AI-driven insights, operational support, and performance oversight to streamline drafting, refine negotiations, and help businesses achieve long-term value from their agreements. Dioptra extends these capabilities—built on Vera—with pre-signature agents that automate playbook creation from existing contract portfolios and conduct first-level reviews on new agreements. Combined, these tools move enterprises closer to fully autonomous contracting, enabling agreements to function as intended while allowing legal professionals to focus on higher-value activities.

“Becoming part of Icertis was a natural next step after Dioptra’s success as a Y Combinator startup and the early results from our partnership,” said Farah Gasmi, Co-founder of Dioptra. “It was clear from day one that we have a shared mindset around the opportunity to transform contracts into strategic business assets, and our team is excited to help drive this next chapter in Icertis’ journey as an AI company.”

Dioptra’s founders, hailing from Spotify, IBM Watson, and academic roles at Columbia University, will join the Icertis product and engineering teams to shape the future of AI-powered contract intelligence. Their legal expertise will further evolve the Icertis AI roadmap, positioning customers to gain:

• Automated playbook creation based on existing contracts to speed time to value, reinforce negotiation best-practices, and maximise outcomes with fully custom, AI-ready playbooks.  
• Agent-powered risk review that instantly pinpoints noncompliance with governance standards and generates a streamlined issues list to minimise liability.
• Interactive surgical redlines that align precisely with bespoke playbooks to drive greater efficiency in contract reviews and alleviate legal workloads.
• One-click clause insertion via an integrated clause library to expedite contract drafting and pre-signature processes. 

“Enterprises – particularly legal teams – demand accuracy, transparency, and defensibility from AI. Icertis is the AI company legal departments can trust to bridge the gap between innovation and governance and deploy contract AI with confidence,” said Subbaraman.

Icertis makes every contract deliver to turn contract clarity into operational confidence. Through next-gen offerings like Vera Agents, deep partnerships with AI leaders like SAP and Microsoft, and the financial viability to invest in long-term innovation, Icertis is rapidly advancing contract-specific AI that reflects the true intent of business agreements.