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Ultria | Plorik

Ultria dashboard and user interface - AI-powered contract lifecycle management software for enterprise businesses.

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Ultria

Business & Operations

Revenue: $1M-$10M ARR

AI-powered contract lifecycle management software for enterprise businesses.

Overview

Ultria is a cloud-based contract lifecycle management (CLM) platform designed to streamline agreement workflows for enterprise legal, procurement, and sales teams. The software automates contract creation, negotiation, and post-award obligation tracking using artificial intelligence and machine learning. Ultria integrates tightly with enterprise ERP and CRM systems to minimize risk, reduce cycle times, and maximize contract value.

Founded year: 2012

Founder: Aatish Dedhia

Team size: 26-100

Popularity: Thousands of enterprise contracts managed

HQ: Princeton, New Jersey, United States

Status: Active

Funding status: Bootstrapped

Customer type: B2B

Funding: Bootstrapped ($0 Raised)

Pricing: Enterprise

Tech stack: Java, React, PostgreSQL, AWS, REST API

Platform: Web

Integrations: Salesforce, Microsoft Word, Microsoft Outlook, DocuSign, SAP, Oracle, REST APIs

What it does

Automates contract creation and authoring using pre-approved clause libraries and smart templates.
Parses contracts and extracts key metadata using artificial intelligence and machine learning.
Tracks post-award obligations, milestones, renewals, and compliance risks in a centralized repository.
Integrates with major CRM and e-signature solutions to accelerate quote-to-contract conversion.

Who it's for

Enterprise Legal Operations Teams
Procurement & Sourcing Managers
Sales & Revenue Operations
Contract Management Professionals

Why it works

AI-powered parsing and metadata extraction significantly reduce manual contract review overhead.
Centralized repository provides cross-functional visibility into all enterprise agreements and obligations.
Automated workflow routing enforces standardized compliance and pre-approved legal playbooks.
Seamless ERP and CRM integrations embed contract management directly into daily operational flows.

Founder story

Founded in 2012 in Princeton, New Jersey, Ultria began as an enterprise division of Verdantis to bring advanced automation to contract lifecycle management. Leveraging deep expertise in data operations, the company built an AI-driven CLM solution to help large corporations eliminate manual bottlenecks, mitigate legal risk, and optimize post-award contract value.

Alternatives

Comparison overview

Ultria provides an AI-driven enterprise CLM platform focusing on deep post-award tracking and workflow automation.
Unlike lightweight e-signature tools like DocuSign CLM, Ultria offers advanced clause-level risk profiling and custom enterprise integrations.

Social links

Website