The CLM market has a new disruptor, and it costs nothing to start.
Advanced contract analytics has a problem that nobody in the industry talks about honestly enough: the technology works, the ROI is well-documented, and yet the teams that need it most have largely never used it. This is not because they’re skeptical. It’s because getting there has always required surviving a procurement cycle, a budget conversation, and an implementation project before a single agreement ever gets reviewed.
So, teams compensate. They rush approvals on agreements that deserve more scrutiny. They negotiate relying on instinct and experience because they can’t access critical data in time to inform them.
Agiloft, the Redwood City-based contract lifecycle management (CLM) platform backed by KKR, FTV Capital, and JMI Equity, is making a bold move to change that entirely.
Agiloft Astra™ is a contracts AI platform that delivers enterprise-grade contract analytics to any team, at no cost to start. No upfront investment. No lengthy vendor negotiations. No commitment required before you’ve seen real value. Just sign up, join the waitlist for Astra Early Access, and start putting your agreements to work.
The $2 trillion problem hiding in plain sight.
Contracts are the operating system of every business. They govern revenue, protect against risk, and encode the terms of every vendor, customer, and partner relationship an organization holds. And yet, most companies struggle with a critical blind spot in their operations: poor visibility into their contract data.
The consequences are staggering. Research from World Commerce & Contracting has consistently shown that organizations lose an average of 9% of annual revenue to poor contract management. This is a figure that, across an enterprise with $500 million in annual contracting spend, can represent tens of millions of dollars walking out the door every year. What’s more, contract value leakage costs businesses an estimated $2 trillion annually worldwide – 40% of that leakage stems directly from poor management (missed renewals, unchecked compliance obligations, pricing inconsistencies that slip through the cracks…).
Most organizations are unaware that they are facing a major financial emergency that transcends the legal department. Astra is a call to action: organizations need to drive strategic collaboration across departments in order to impact the bottom line.
The access problem is real – and Astra is designed to solve it.
Approximately 22% of small and medium-sized enterprises cite high implementation costs as a primary reason for failing to adopt AI-driven contract solutions. According to research across the industry, the average legal tech spend sits at $1.2 million annually – a bar that creates a stark divide between those who can afford contract intelligence and those who can’t.
Here’s a scenario that probably sounds familiar.
You have a vendor renewal occurring. You know from experience that this particular vendor pushed for an unusually high level of legal liability, but you don’t have time to pull out the last three agreements and check where you ended up before the call. So, you negotiate from instinct without that context and data. Maybe the negotiation results in an outcome that fits your current standards, but you’re not sure, because you don’t have a clear vision of how their past agreements compare.
With Astra, you ask before the call. Plain English, straight into the platform: what liability terms have we agreed to with this vendor? How does this compare to our current book of business? Where are we exposed? You get structured answers in seconds, not hours. You walk into the negotiation knowing things your counterparty assumes you don’t know.
That’s the shift. Not just enabling you to be faster, but to become a smarter dealmaker. And it’s available to you on the free tier before you’ve spent anything.
What Astra actually does.
It’s worth being specific here, because “AI platform” has become a phrase that can mean almost anything, and Astra is doing more that differentiates from what most contracting teams have had access to before.
An immediately useful capability is portfolio-wide risk visibility. Astra reads large volumes of contracts and surfaces structured risk signals across all of them simultaneously, flagging penalty clauses, liability caps that fall outside normal ranges, non-standard indemnification language, and expiring obligations that would otherwise slip through unnoticed. You get a structured analysis that tells you what the risk actually is and where it lives, across every agreement, without requiring a predefined playbook to get started.
The Astra Assistant takes it further by letting teams ask questions about their contracts and get real analytical answers back. You get actual responses to business-level questions like “which of our vendor agreements have uncapped liability exposure” or “what renewal deadlines are coming up in the next 90 days across our supplier contracts?”
On the deal side, Astra enables first-pass contract review and AI-assisted redlining against pre-approved playbooks, which means teams like Sales can move agreements through the early stages of review without routing everything through legal, resolving the obvious issues, aligning on standard terms, and flagging exceptions without waiting on legal. Agiloft’s customers are reporting review cycles moving up to 10x faster as a result, which results in less stalled deals.
Additionally, there are community-driven playbooks within Astra. These are standards built by legal practitioners who have spent careers navigating the exact risk environments that contracting teams face, which means organizations don’t have to spend months building their own policy infrastructure. You start with accumulated expertise already built in, on your actual agreements, as soon as you’re inside the platform.
Most organizations are still in the early stages of tackling AI adoption barriers, and access to ready-built, expert-validated frameworks is a significant accelerant for any team that doesn’t have the luxury of a six-month implementation runway.
The data protection question everyone should be asking.
Here’s the conversation that doesn’t happen often enough when organizations evaluate free AI tools: what happens to your data when you’re not paying for the product?
AI tools that are offered at no cost have well-established business models: your inputs train the models. This works fine in plenty of contexts. It doesn’t work when the inputs are your contracts. Contracts contain your most commercially sensitive information – pricing, liability posture, strategic partnerships, obligations you’ve accepted and obligations you’ve imposed. The idea that this information should carry different protections because you’re on a free tier isn’t something we’re willing to accept.
The Astra Clean Data Promise is straightforward: your data is used to deliver the service. Nothing else. Free tier users get identical protections to our enterprise customers. We believe this is the foundation that makes the free tier actually usable for organizations that need to move carefully.
It’s also, notably, not how most of this space operates.
Why now?
The AI in contract management market is projected to grow from roughly $589 million in 2025 to nearly $3.9 billion by 2033 – a compound annual growth rate of 26.5%. The demand signal is unambiguous. But only 26% of legal teams have meaningfully adopted AI for contract work, and 49% of AI procurement initiatives stall at the pilot stage, never reaching meaningful deployment.
For the first time, a team of three people at a Series A startup has the same contract intelligence capabilities as a Fortune 500 legal department. A procurement manager who has never opened a CLM tool can surface exposure across a vendor portfolio in minutes. A sales leader can give her team the ability to do first-pass contract review without routing everything through a legal bottleneck.
This is what the democratization of enterprise AI actually looks like. Astra is a structural shift in who gets access to transformative technology and on what terms.
And that’s a big deal.
Join the Astra Early Access waitlist.
Organizations can join the waitlist for the Astra Early Access program at agiloft.com and see Astra in action at the Corporate Legal Operations Consortium (CLOC) on May 11–14, 2026 at booth #131. The cost to start is zero. The cost of not starting is still 9% of your revenue.
