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Arteria AI
Building a data-centric end-to-end contract lifecycle management solution powered by AI
About Arteria AI
Arteria.ai is a startup that operates in the legal tech and artificial intelligence (AI) space. The company's flagship platform, Arteria, uses AI to transform contracts into structured, searchable data. This data can then be used to streamline contract generation, negotiation, and execution processes, as well as provide valuable insights for businesses.
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Arteria's clients are primarily organizations that deal with a high volume of contracts, such as law firms, corporations, and financial institutions. The platform uses Natural Language Processing (NLP), a type of AI that understands and interprets human language, to digitize contracts and other documents. This allows users to quickly generate first drafts of contracts using automation and a library of templates and clauses.
The platform also supports negotiation processes by providing negotiation playbooks and managing approval workflows. Additionally, it offers a variety of wet ink and e-signature options for executing contracts.
Arteria.ai's business model is likely based on a subscription or usage-based fee, where clients pay to access the platform and its features. The company generates revenue from these fees.
Arteria.ai was spun out of consulting giant Deloitte and has received strategic investment from Citi and BDC. The company's team is composed of lawyers, data scientists, developers, and designers.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Toronto, Canada
- Employees
- 78
- Open positions
- None listed
- Dealroom signal
- 61.1/100
- Industry
- Legal, Enterprise Software
- Sub-industry
- Legal Documents Management
- Sector
- AI, Document Management, Core AI, Hard Tech, AI Applications, DT and LS
- Technology
- Artificial Intelligence, Big Data, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Sep 2023 | $30M | $120M | Notable Capital · Citi · BDC Capital · Illuminate Financial | ↗ |
| EARLY VC✓Equity / VC | Jun 2022 | $0 | — | Citi · BDC Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Arteria AI is 5.8K monthly website visits, down 27.5% over the last three months. Arteria AI's team declined 27.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Information Venture Partners
Illuminate Financial
StandUp Ventures
Citi
BDC Capital
Notable Capital
Series B and later1 investor entered at this stage
Deloitte
Other known investors3 additional known investors
Fuse
Business Development Bank of Canada
Jeff Richards
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Arteria AI on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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