Agiloft, a global leader in data-first contract lifecycle management, announced the general availability of Agiloft Astra, its contract AI platform. Effective immediately, any legal, procurement, finance, or sales professional can begin using Astra’s free plan with no waitlist or upfront costs. Astra is designed to deliver value from the very first session, with new users reportedly achieving meaningful use in an average of five minutes. The announcement follows the close of Astra’s Early Access Program, which launched in April this year. Every account in general availability is subject to the Astra Clean Data Promise, which guarantees that customer contract data is never used to train AI models, regardless of account tier.
Astra is built for legal, procurement, finance, and sales teams. Users upload agreements directly to the platform and run AI-powered analysis to identify risk, flag non-compliant provisions, extract key terms, generate redlines, and ask plain-language questions about their contracts, whether reviewing a single agreement or an entire portfolio. The free plan includes uncapped use of the company’s Microsoft Word Add-In, enabling teams to create, review, and redline contracts without leaving the application, and supports unlimited users across an organization at no cost.
With general availability, the company is also announcing a deepened integration between Astra and its core CLM platform. Through Ask AI, the in-platform AI assistant, CLM users can now identify contracts within their knowledge base and send them directly to Astra for analysis. Two new agentic capabilities are also being added to Ask AI: AI-Assisted Contract Intake, which automatically extracts structured data from an uploaded contract to create a new contract record, and Guided Contract Updates, which lets users make guided updates to existing records, including key dates, contract status, and document attachments, through plain-language conversation.
A key driver of the five-minute-to-value experience is Astra’s standards-based review and redlining capabilities, which evaluate contract language against an organization’s own internal playbook standards and risk thresholds using generative AI, producing redlines and risk reports that would otherwise require hours of manual review. Users can also download from a library of expert-crafted community playbooks to begin reviewing contracts against established standards. Backed by KKR, JMI Equity, and FTV Capital, the company said its no-code CLM platform integrates with more than 1,000 systems for real-time visibility.
KEY QUOTES:
“Most professionals responsible for contracts within their organization have been working without the tools that would let them do their jobs properly. Astra was built to close that gap, giving professionals the tools they need, and giving the business the data and intelligence it needs to make faster, more confident decisions.”
“When new users are getting value within five minutes, you stop asking whether the product works and start asking how fast you can get it in front of everyone who needs it.”
Otto Hanson, VP of Product and GM of Astra
“We already had Agiloft running our contract operations; what Astra changed was what we could ask of that data. When your practice spans SaaS agreements, multi-million-dollar equipment transactions, and supplier contracts, any portfolio-wide analysis is a significant undertaking. We needed visibility into auto-renewal windows, pricing escalation clauses, and termination rights across a large supplier portfolio. With Astra, we surfaced that information and came out with a prioritized action list in a fraction of the time it would have taken us to do it manually.”
Rick Lackner, Senior Corporate Counsel, The Imagine Group
