Made By
PincitesReleased On
2023-08-27
Pincites is an AI-powered contract review tool that streamlines and enhances the contract negotiation process for legal teams. It integrates directly into Microsoft Word, allowing users to redline contracts more efficiently and consistently.
Key features:
- Automatically generates redlines and comments based on user preferences and company guidelines
- Quickly scans agreements for potential issues using Pincites' checks or custom checks created by the user
- Provides AI-generated summaries to help users find the most relevant content within contracts
- Allows users to utilize their existing playbooks, industry-standard checks provided by Pincites, or create new playbooks with Pincites' assistance
- Offers a library of over 250 industry-standard contract checks to ensure comprehensive review
- Fully embedded within Microsoft Word, making it easy for legal teams to use without switching platforms
- Allows users to access and apply their company's specific guidance directly within the document
How it works:
1. Users upload the contract document into Microsoft Word.
2. Pincites scans the document for potential issues using its AI-powered checks.
3. The tool generates redlines and comments based on the user's playbook and preferences.
4. Users review and apply the suggested changes, ensuring the contract aligns with their standards and requirements.
Integrations:
- Microsoft Word
Use of AI:
Pincites leverages large language models (LLMs) to power its AI features. These models enable the tool to understand and generate human-like text, making the contract review process more efficient and accurate.
How to access:
Pincites is available as a web app integrated into Microsoft Word. It is not open source.
Pincites is ideal for in-house legal teams, law firms, and corporate legal departments that handle a high volume of contracts and require consistent, efficient review processes while adhering to specific company guidelines and standards.
Pincites was founded in August 2023 by Sona Sulakian, Grey Baker, and Mariam Sulakian, who bring experience from the legal, tech, and startup sectors. The company has received $3 million in seed funding from notable investors, including Nat Friedman, Daniel Gross, YCombinator, Liquid2, and General Catalyst. The product was launched in early 2024.
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