Sirion
by Sirion
AI-native contract lifecycle management where specialist agents draft, redline and govern enterprise contracts
Sirion is an AI-native contract lifecycle management platform for large enterprises, using purpose-built agents to extract, draft, redline, negotiate and govern commercial contracts end to end. It is aimed at Fortune 500 legal operations, procurement and finance teams managing high-value agreements at scale, and it removes the manual review that makes obligation tracking and invoice reconciliation unreliable.
Sirion is an AI-native contract lifecycle management platform built for large enterprises managing complex, high-value commercial agreements across legal, procurement, sales and finance. Founded in 2012 by Ajay Agrawal, Claude Marais, Kanti Prabha and Aditya Gupta, and now headquartered in Lehi, Utah with ten offices worldwide, the company shifted from workflow CLM to an agentic architecture with the October 2025 launch of its next-generation platform and AskSirion, a conversational interface the vendor bills as the industry's first 360 conversational contracting experience. Rather than bolting a single chatbot onto a repository, the platform routes work to purpose-built agents: an Extraction agent pulls structured data from legacy and third-party paper the enterprise never authored, a Draft agent authors agreements conversationally, Issue Detection and Redline agents identify, score and remediate risk during negotiation, Obligation agents track post-signature commitments and trigger performance escalations, and an Invoice agent reconciles supplier billing against contracted terms. Sirion supports contract operations in more than 100 languages and states it manages over seven million contracts worth close to $800 billion for customers including Vodafone, IBM and Morgan Stanley. It integrates with Salesforce, SAP, Oracle and Coupa, and holds SOC 1, SOC 2 Type II and ISO 27001:2022 certifications. The company acquired Eigen Technologies in June 2024 to deepen document intelligence for financial services, was valued near $1 billion around that time, and took a majority investment from Haveli Investments in early 2026 after raising roughly $175-182 million from Sequoia Capital, Partners Group and Tiger Global among others.
The head of legal operations or procurement at a Fortune 500 with thousands of high-value contracts and a team still reviewing obligations by hand.
Specialist agents that extract, draft and redline before signature and then govern obligations and invoice reconciliation after it, where most CLM tools stop.
At a Glance
- Category
- Enterprise Platform
- Pricing
- Subscription, Contact for pricing
- Target Market
- CIOs, General Counsel, Chief Procurement Officers, Legal Operations Leaders, CFOs
- Deployment
- Cloud-only
- Founded
- 2012
- Headquarters
- Lehi, Utah, United States
- Team Size
- 500+
- Customers
- 7M+ contracts worth ~$800B under management; customers include Vodafone, IBM and Morgan Stanley
Key Features
- ✓AskSirion conversational contracting
A single conversational interface that routes portfolio-wide questions to the right specialist agent across the contracting lifecycle.
- ✓Extraction agent
Structures data from legacy and third-party contracts the enterprise never authored, without manual paralegal review of each document.
- ✓Issue Detection and Redline agents
Identify and score negotiation risk in incoming paper and propose remediation, rather than only flagging clauses for a human.
- ✓Obligation agents
Track post-signature commitments across the portfolio, monitor compliance and trigger escalations when contracted performance slips.
- ✓Invoice reconciliation agent
Matches supplier invoices against contracted rates and terms to surface overbilling and recover value leakage.
- ✓Enterprise system integrations
Connects to Salesforce, SAP, Oracle and Coupa, and supports contract operations across more than 100 languages.
Capabilities
Use Cases
- •Post-merger contract consolidation
Extract structured terms from thousands of inherited third-party agreements without staffing a manual paralegal review programme.
- •Supplier value leakage recovery
Reconcile invoices against contracted rates and service levels to find and recover overbilling across the supplier portfolio.
- •Obligation and compliance governance
Track commitments across the whole contract base and escalate automatically when milestones or service levels are missed.
- •Accelerated sales contracting
Draft and redline agreements conversationally so legal review stops being the bottleneck holding up deal cycles.
- •Audit and regulatory readiness
Query the full portfolio in natural language to answer exposure questions during an audit or regulatory investigation.
Ideal For
Best For
- ✓Fortune 500 enterprises with dedicated legal operations teams and thousands of high-value contracts
- ✓Procurement organisations chasing value leakage against supplier agreements
- ✓Multinationals needing contract operations across more than 100 languages
- ✓Enterprises consolidating inherited third-party paper after acquisitions or divestitures
- ✓Regulated buyers requiring SOC 1, SOC 2 Type II and ISO 27001 attestations from their CLM vendor
Not Ideal For
- ✗Mid-market and SMB teams — reviewers report 6-12 month implementations and third-party analysis puts annual cost at $50K-$200K+
- ✗Teams needing a fast self-serve rollout: there is no free trial or free version, and setup is consultative
- ✗Buyers who need published list pricing, since Sirion quotes custom and reviewers consistently describe the pricing as opaque
- ✗Organisations running many brands or legal entities, where reviewers report multi-logo and multi-domain support falls short
- ✗Teams expecting heavy configuration — G2 reviewers flag that customisation options are limited
Deployment
Market & Ratings
7M+ contracts worth ~$800B under management; customers include Vodafone, IBM and Morgan Stanley
Market Analysis
Pros
- ✓Rated 4.5 out of 5 on G2 and recognised as a CLM leader by both Gartner and IDC
- ✓Genuine agentic depth — six named agents spanning extraction through post-signature governance, not a single bolt-on chatbot
- ✓Proven enterprise scale with 7M+ contracts worth close to $800B and Vodafone, IBM and Morgan Stanley as named customers
- ✓Strong compliance posture covering SOC 1, SOC 2 Type II and ISO 27001:2022
- ✓The June 2024 Eigen Technologies acquisition added document-intelligence capability aimed specifically at financial services
Cons
- ✗Implementation typically runs 6-12 months, which reviewers consistently flag as the single biggest adoption cost
- ✗Steep learning curve — one G2 reviewer noted it is hard for users unfamiliar with contract management systems
- ✗Pricing is entirely opaque with no published rates; third-party estimates land at $50K-$200K+ annually
- ✗Customisation options are limited relative to what large legal operations teams typically expect to configure
- ✗Multi-logo and multi-domain support falls short for organisations managing several brands or legal entities
- ✗Almost no independent practitioner discussion exists outside enterprise review sites, so the signal is narrow
Pricing
Enterprise
Contact for pricing
- ✓Custom quote scoped by user count and modules
- ✓Full agentic CLM platform with AskSirion
- ✓Implementation and support services priced separately
Sirion publishes no list pricing — every deal is a custom quote scoped by user count, modules, contract volume and deployment, and there is no free trial or free version. Third-party analysis puts total annual cost between $50,000 and $200,000+ once a 6-12 month implementation is included, with implementation and support billed on top of the subscription. Reviewers describe the pricing as opaque and premium, so buyers should plan for a full procurement cycle rather than a self-serve signup.
Security & Compliance
Connect
Sources
This page was written from 5 sources, 4 on domains other than sirion.ai.
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