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Icertis acquires AI startup Dioptra

EntrackrEntrackr · 21d ago
Icertis acquires AI startup Dioptra
Medial

Icertis acquires AI startup Dioptra Contract management platform Icertis has acquired contract AI startup Dioptra for an undisclosed amount. With this, Icertis plans to strengthen its product roadmap and expand its AI-led contract lifecycle management (CLM) capabilities. The company said the acquisition also supports its long-term plan to build AI-first workflows across the contracting process. Icertis has been developing its AI stack under its Vera platform. With Dioptra, the company will add tools for automated legal playbook creation, AI-led contract review, and redlining workflows. Icertis said these capabilities will help legal and procurement teams accelerate negotiation and pre-signature processes. Dioptra develops contract review tools that generate automated redlines, identify compliance gaps, and streamline review processes. The company was part of Y Combinator and has previously worked with enterprise customers on negotiation workflows. Dioptra’s founders will join Icertis across product and engineering roles. According to startup data intelligence platform TheKredible, Icertis has raised $522 million to date and it’s in the process of raising another $50 million. Icertis became a unicorn in July 2019 after raising $119 million in its Series E round led by Premji Invest. It was last valued at around $5 billion. In India, the company is headquartered in Pune. Dioptra’s tools will be integrated into Icertis’ platform, supporting automated risk review, redlining, and contract drafting through Microsoft Word and internal enterprise systems.

BPR Hub raises $2.6 Mn led by Accel and Kae Capital

EntrackrEntrackr · 10m ago
BPR Hub raises $2.6 Mn led by Accel and Kae Capital
Medial

BPR Hub raises $2.6 Mn led by Accel and Kae Capital BPR Hub, a San Francisco and Bengaluru-based AI-powered compliance management platform for manufacturers, has closed its $2.6 million seed funding round, co-led by Accel and Kae Capital. The funds will be used to scale globally, expand the team, and enhance product features to meet the rising demand for compliance management. Prominent angel investors in manufacturing also participated, positioning the company for rapid growth in India and North America. Founded in 2024 by Teja Edara (CEO), Milanjeet Singh (COO), and Vinodh Peddi (CTO), BPR Hub was created to address key challenges in compliance. With over a decade of experience in manufacturing and compliance, Milanjeet Singh's firsthand insights drove the development of a platform to streamline compliance management for manufacturers. BPR Hub's platform automates up to 80% of quality, compliance, and governance tasks, cutting certification time by 40%. It effectively tackles key challenges faced by small and medium manufacturers in a complex regulatory environment. Through automated evidence evaluation and continuous monitoring, BPR Hub helps companies fast-track certification – turning a process that typically takes months into one that takes weeks. The platform streamlines the management of overlapping certification requirements, eliminating duplication and ensuring nothing falls through the cracks. BPR Hub streamlines manufacturing by integrating quality assurance, production control, inventory, and asset management into a single platform. This ensures seamless compliance management, allowing teams to focus on growth.

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