is a German Legal Tech startup founded in 2017. The company's slogan "rfrnz helps legal and contract professionals to automatically analyse their contracts with the help of AI" reflects its mission to contribute to intelligent digitalization. Utilizing state-of-the-art algorithms from Machine Learning and Natural Language Processing, rfrnz's Contract Intelligence Platform automates contract analysis with the aid of Artificial Intelligence. The platform aims to free legal professionals from routine tasks and improve their performance by identifying pertinent information in contracts and documents, extracting them, and automatically comparing results with standard or corresponding contracts. The flexibility of rfrnz's solution is evident in its ability to rapidly learn new contract types and languages without the need for extensive training or labeling. The company's customer-centric approach includes training the platform with sample clauses, enabling it to recognize clauses and content. The solution can function as a standalone web application or integrate with other systems such as contract management software and CRM or virtual data rooms. Notably, the company's proximity to its clients and knowledge of the German legal system position it to support law firms and legal departments in maximizing productivity and efficiency. received a Venture Round investment on 06 May 2019, with High-Tech Gruenderfonds (HTGF) participating as the investor. Specializing in the intersection of Legal Tech and Machine Learning, rfrnz is poised to make significant strides in revolutionizing legal contract analysis and automation.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | Unknown | 1 | HTGF | High-Tech Gruenderfonds | 06 May 2019 |
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