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Sirion – Enterprise AI-Powered Contract Lifecycle Management Platform
About Sirion.ai
Sirion is an enterprise-grade Contract Lifecycle Management (CLM) platform that leverages artificial intelligence and natural language processing to help organizations manage contracts throughout their entire lifecycle. Founded in 2012 and headquartered in Lehi, Utah, Sirion serves hundreds of large enterprises worldwide, including Fortune 500 companies and organizations across 70+ countries. The platform enables businesses to create, negotiate, execute, and fulfill contracts while extracting maximum value from their contractual relationships. Sirion's AI-driven technology analyzes and manages over 5 million contracts worth more than $450 billion globally. The platform transforms how enterprises approach contract management by automating complex processes, reducing manual work, and providing actionable insights into contract performance and compliance. With a focus on digital transformation, Sirion helps organizations move beyond traditional contract storage to strategic contract intelligence, enabling better decision-making and risk management. The company has raised $170.8 million in total funding and employs 770 people across six continents, demonstrating significant market traction and global reach in the legal technology and enterprise software sectors.
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Key Features
- AI-powered contract analysis using natural language processing to extract key data, obligations, and risks from contracts automatically
- End-to-end CLM workflow management covering contract creation, negotiation, execution, and ongoing performance monitoring and compliance tracking
- Advanced analytics and insights dashboard providing visibility into contract portfolio health, vendor performance, and value realization across the enterprise
Use Cases
- Enterprise procurement and vendor management – streamlining supplier contract processes, monitoring service level agreements, and ensuring compliance across thousands of vendor relationships
- Legal operations and risk management – automating contract review, identifying compliance gaps, and centralizing contract repositories for better governance and regulatory adherence
- Revenue optimization and sales operations – managing customer contracts, tracking renewal dates, identifying upsell opportunities, and ensuring contract terms are fulfilled correctly