Ironclad Launches AI Assistant for Contracts
Ironclad, an AI contracting company, has launched new contract intelligence capabilities. By connecting structured contract data, unstructured contract language, and workflow context, this new functionality works across the entire Ironclad platform so legal, procurement, finance, and sales teams can instantly understand what is in their agreements and act on it, without switching systems or relying on manual analysis.
For more than a decade, contract lifecycle management (CLM) platforms have operated primarily as static systems of record – storing agreements but requiring teams to extract insights and drive follow-up actions manually. Contract intelligence is what happens when AI understands both what's inside your agreements and how those agreements move through your business — turning contracts from static records into a living source of insight.
"Contracts are at the core of every business, and contract intelligence finally makes them actionable," said Dan Springer, CEO of Ironclad. "Now, businesses can use our platform to review contracts against their playbooks, surface risks and business opportunities across millions of agreements, and determine the next best action for every agreement."
At the core of Ironclad's contract intelligence offerings is the new Ironclad Assistant, which allows teams to interact with contracts conversationally – both signed and in motion. Users can ask complex questions and receive grounded responses that draw from both executed and in-flight agreements. The assistant locates relevant contracts, tracks key data, summarises risks and status, and can initiate workflow-native agents.
The Ironclad Assistant is available as part of an early access program, which also includes three new AI agents:
- Renewal Agent: Provides context and recommendations for faster, better decision-making ahead of renewals
- Cost Savings Agent: Surfaces potential savings opportunities, such as volume discounts, rebates, and bundles, to consider negotiating before a renewal
- Archive Agent: Streamlines metadata extraction during contract archiving to ensure data quality, improving confidence in the completeness and consistency of archived contract data.
"Ironclad's AI has elevated our legal team's role as a strategic partner for the business. By automating manual work, we have unlocked meaningful time to focus on higher-value initiatives and move faster with confidence," said Shannon Pedroni, Director of Contracts Management and Legal Operations at Rodan + Fields. "What once took weeks is now completed far more efficiently, delivering timely, high-quality outcomes across the enterprise. We're excited to continue leveraging Ironclad's AI innovations and upcoming releases to accelerate this momentum even further."
"Enterprise companies are increasingly recognising the risks of disconnected contracting. Contract intelligence is exactly what is needed to help bridge that gap. Spaulding Ridge partners with Ironclad because it provides integrated AI contracting capabilities that transform business agreements into a growth engine. We are excited to build the future of AI contracting as an Ironclad partner and to see the benefits this partnership brings to Spaulding Ridge's clients," said Jay Laabs, CEO of Spaulding Ridge.
About Ironclad
Ironclad is a leading contract lifecycle management (CLM) platform that enables legal and business teams to create, manage, and analyse contracts more quickly and accurately. By combining workflow automation, data extraction, and AI-driven insights, Ironclad helps organisations streamline contracting processes, reduce risk, and unlock the strategic value of their agreements.
