What is Vellumtech - Contract AI?
Eliminate contract uncertainty. VellumTech transforms hours of manual contract review into minutes of intelligent insights. Upload your contract and receive a comprehensive PDF report highlighting risks, obligations, and critical terms you might have missed.
Problem
Users spend hours manually reviewing contracts, leading to overlooked risks, obligations, and critical terms due to human error and complexity.
Solution
An AI-powered contract analysis tool that automatically generates PDF reports highlighting risks, obligations, and critical terms, allowing users to upload contracts and receive actionable insights in minutes.
Customers
Legal counsels, contract managers, compliance officers, and procurement professionals who handle high volumes of contracts and require risk mitigation.
Unique Features
Focuses on contract-specific risk detection, generates structured summaries of obligations/rights, and provides plain-language explanations of complex clauses.
User Comments
Saves hours of manual review
Identifies hidden contractual risks
Simplifies compliance tracking
User-friendly interface
Reduces legal oversight costs
Traction
No explicit metrics provided; positioned as a Product Hunt-launched solution targeting SMBs and enterprises needing contract automation.
Market Size
The global contract management software market was valued at $2.1 billion in 2023 (Grand View Research), with AI-driven solutions capturing 25% of the segment.
