• Icertis buys AI startup Dioptra to boost CLM capabilities
• Deal enhances automated review, redlining, and risk analysis
• Dioptra’s founders join Icertis’ product and engineering teams

Icertis, a leading contract management platform, has acquired contract AI startup Dioptra for an undisclosed amount. The move is aimed at strengthening Icertis’ AI-driven contract lifecycle management (CLM) capabilities and supporting its long-term vision of building AI-first workflows across the entire contracting process.

Icertis has been expanding its AI stack through its Vera platform. With the addition of Dioptra, the company will introduce new tools for automated legal playbook creation, AI-led contract review, and redlining workflows. These enhancements are designed to help legal, compliance, and procurement teams speed up negotiations and reduce turnaround times in the pre-signature phase.

Dioptra develops advanced contract review solutions that automatically generate redlines, flag compliance risks, and streamline document review. The startup, backed by Y Combinator, has previously worked with enterprise customers to simplify complex negotiation workflows. As part of the acquisition, Dioptra’s founders will join Icertis in key product and engineering roles.

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According to a data report, Icertis has raised $522 million to date and is currently in talks to raise an additional $50 million. The company entered the unicorn club in July 2019 after a $119 million Series E round led by Premji Invest and was last valued at around $5 billion. Icertis operates its India headquarters out of Pune.

Dioptra’s technology will be integrated directly into the Icertis platform, enabling automated risk review, redlining, and contract drafting through Microsoft Word and internal enterprise systems, further enhancing workflow speed and accuracy.