£80-110k
1+ day a week in office (Central London & Cambridge)
Reviews contracts via a contract intelligence engine
Open for applications
Reviews contracts via a contract intelligence engine
21-100 employees
Open for applications
£80-110k
1+ day a week in office (Central London & Cambridge)
21-100 employees
To make contracts easy to understand for everyone.
ThoughtRiver is a legal tech company that addresses a fundamental problem for in-house counsels and lawyers: you don’t know whether you need to read a contract without reading it. ThoughtRiver’s contract pre-screening technology uses machine learning and legal intelligence to automate the initial scan and analysis of contracts to produce an actionable recommendation on what to do next with the contract – and why.
Developed by ThoughtRiver’s lawyers and its partners who are domain experts, Lexible is a universal contract description framework that uses 1000s of data points to build a detailed picture of legal obligations and rights within any legal agreement. Lexible comes pre-programmed with thousands of questions posed by real lawyers. It works by first deploying a sophisticated language processing (NLP) engine developed in collaboration with Cambridge University. This allows it to understand the meaning of the words within an agreement. ThoughtRiver can then ask and answer thousands of questions according to their Lexible framework to build a detailed picture of the obligations and rights within the agreement. All of this data is then summarised into clear, actionable advice.
It also aims to promote partnerships with ThoughtRiver to legal service providers who can create new sources of income using its services. For example, by configuring the platform to answer specific questions and identify certain risks, legal service providers can allow their clients to review contracts on the ThoughtRiver platform through a sub-account. This review takes minutes, not hours, which creates an opportunity for a profitable and repeatable new revenue stream. The company aspires to make its technology available and accessible to companies around the world. ThoughtRiver works with in-house legal teams, general counsels and law firms.
Steph
Company Specialist at Welcome to the Jungle
Challenging work
"The opportunity to collaborate on complex projects with some of the world's leading businesses is exhilarating. Working on pioneering projects that..."
Aug 2020
$10m
SERIES A
Oct 2018
$3.7m
SEED
Cambridge, UK
Jennifer Hill
(CEO)Seasoned COO and business leader with experience growing tech start-ups to profitability.
Tim Pullan
(Advisor & Founder)Associate Partner at Cambridge Management Consulting and Advisor at Circuit Medical Ltd. Previously a Partner at Taylor Vinters and was a Member of the ICT Committee at the British Chambers of Commerce.
James has been with ThoughtRiver since early 2022. He started as a BDR and now is an Enterprise Account Director looking after key accounts and bring in new business to ThoughtRiver.
John has been with ThoughtRiver since 2018. During that time, he has had many roles from Lead Application Engineer, Team Lead and now looking after DevOps.
Katie has been with ThoughtRiver for just under 3 years, she started as a Customer Success Manager and is now Senior CSM and Account Manager.
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