Sirion Acquires Eigen Technologies
Summary
Its customizable, no-code AI-powered platform uses machine learning to automate the extraction of answers from documents and can be applied to a wide variety of use cases. Its clients and partners include Goldman Sachs, ING, Citi, Orrick, Fortress, BNP Paribas and Deloitte. Led by CEO and Founder Ajay Agrawal, Sirion provides an AI-native CLM platform that specializes in applying generative AI to help enterprises transform the way they store, create, and manage contracts. The platform’s extraction, conversational search, and AI-led negotiation capabilities have powered contracting across enterprise teams – from legal and procurement to sales and finance. Brands such as IBM, Unilever, Ferrari, BNY Mellon, DHL, KPMG and Vodafone use it to manage 7M+ contracts worth nearly $800B and relationships with 1M+ suppliers and customers in 100+ languages.