Canada · Information technology & services startup

Arteria AI

Arteria AI is a Toronto-based company that specializes in contract lifecycle management (CLM) and document intelligence.

Funding reportedLast round: Series B

Information technology & servicesToronto, Canada

About Arteria AI

Arteria AI is a Toronto-based company that specializes in contract lifecycle management (CLM) and document intelligence.

Founded in 2020 by Jonathan Wong, Abrar Huq, and Shelby Austin, the company operates as an AI-as-a-Service (AIaaS) provider within the Legal Tech and FinTech sectors. Arteria AI's mission is to transform unstructured legal and financial documents into structured, searchable data using Natural Language Processing (NLP) and automation. The flagship product, the Arteria platform, offers a no-code/low-code solution for end-to-end digital contracting. It automates the entire contract lifecycle, from drafting to analysis, enabling organizations to streamline negotiations, reduce manual processes, and enhance compliance. Arteria AI primarily serves global Tier 1 financial institutions, commercial banks, and large corporations, helping them manage high volumes of contracts efficiently. With approximately 46 employees and $50 million in funding, Arteria AI is positioned as a key partner for enterprises looking to modernize their contract management processes.

What company datasets say Arteria AI raised

Funding, as reported

Reported in all40.9Min the source's currency
Rounds3
Last roundSeries B
Last round size30M
Last round dateOct 2023
Investors listed7

Founders and team

From Arteria AI's own website: 3 founders, 4 on the team.

Shelby AustinCo-Founder & Chief Executive Officer
Abrar HuqCo-Founder & Chief Client Officer
Jonathan WongCo-Founder & Chief Technology Officer
  • Devin HeldVice President and Head of Product
  • Mark BennewithRegional Vice President, Head of EMEA
  • Anthony LisiChief of Staff
  • John WallaceChief Financial Officer

On a portfolio page

Investors who name them

Each firm lists Arteria AI on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

contract management systemcontract automationai-powered contract automationintegration with financial systemscontract lifecycle analyticscollaborative workflowscontract process automationenterprise-grade securitye-signature integrationcontract data structuringai-powered legal processesdata extractionai contract draftingenterprise legal airisk management in contractsfinancial institutions

Built with from their website

GitHub ActionsZendeskMicrosoft Entra IDDockerMacaronTUNECloudFlare CDNGoogle Tag ManagerAmazon CloudFrontReact

+8 more

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Sector
Information technology & services
Industry code
NAICS 54151, 513210, SIC 7375, 7372
Region
Ontario
Revenue
15M a year, as listed
Full record
Every detail in the company directory

Information technology & services in Canada

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