Agiloft

Agiloft is a privately held technology company specializing in Contract Lifecycle Management (CLM) and business process management software. Headquartered in Redwood City, California, its mission is to help organizations automate contract processes, reduce risk, and drive revenue by transforming contracts into strategic, data-rich assets.

The company's core offering is its Data-first Agreement Platform (DAP) and award-winning CLM Platform. This no-code solution integrates AI-enhanced capabilities, customizable workflows, and robust reporting to streamline contract creation, negotiation, execution, and post-signature management. Agiloft serves legal, procurement, and sales operations teams across mid-sized to large enterprises in diverse sectors, including healthcare, finance, technology, and the public sector.

Agiloft was acquired by KKR in May 2024, with continued investment from FTV Capital and new backing from JMI Equity. Led by CEO Eric Laughlin, the company has recently expanded its AI offerings, acquiring Screens for generative AI-based contract review in January 2025 and launching Agiloft Astra™, a contracts AI platform, in April 2026. Agiloft consistently receives recognition as a leader in the Gartner Magic Quadrant for CLM and maintains high customer satisfaction and renewal rates.

Latest updates

Agiloft Democratizes Contract AI with Free Tier, Targeting Adoption Barriers

Event summary

  • Agiloft launched Astra™, a new contracts AI platform, on April 21, 2026.
  • Astra includes a free tier with usage-based credits, aiming to lower the barrier to entry for contract AI adoption.
  • The platform emphasizes data security with an 'Astra Clean Data Promise,' guaranteeing data policies for free users.
  • Astra offers agentic AI capabilities and expert-authored playbooks for legal, procurement, finance, and sales teams.
  • Agiloft will showcase Astra at the Corporate Legal Operations Consortium (CLOC) on May 11–14, 2026.

The big picture

Agiloft’s move to offer a free tier for Astra addresses a critical bottleneck in the adoption of contract AI: cost and perceived complexity. This strategy aligns with a broader trend of democratizing enterprise software, particularly as regulatory pressures (like AI governance and data privacy) increase the need for accessible and compliant contract management solutions. The move also signals a shift towards usage-based pricing models in the CLM space, potentially disrupting traditional licensing structures.

What we're watching

Adoption Rate
The success of Astra hinges on its ability to attract users beyond Agiloft’s existing customer base; the free tier’s uptake will be a key indicator of broader market interest in accessible AI-powered contract management.
Data Security
Agiloft’s ‘Astra Clean Data Promise’ is crucial for building trust; any breaches or concerns regarding data usage could severely undermine the platform’s appeal, especially given increasing regulatory scrutiny around AI data handling.
Competitive Response
Other CLM providers will likely respond to Agiloft’s free tier offering, potentially triggering a price war or a wave of similar ‘democratization’ initiatives within the contract management space.

Agiloft Pushes AI-Driven Contract Management into CFO Focus

Event summary

  • Agiloft will showcase AI-powered contract lifecycle management (CLM) innovations at the CLOC Global Institute 2026, May 11–14.
  • The company is emphasizing measurable business impact, specifically targeting CFO-level results and financial leverage.
  • Sessions will feature customers like Royal Caribbean, Honeywell, and WSP discussing how contract data drives revenue and improves cash flow.
  • Agiloft boasts a 96% renewal rate and 100% satisfaction for implementations, backed by private equity firms KKR, JMI Equity, and FTV Capital.

The big picture

Agiloft's focus on CFO-level results signals a broader shift in CLM from a legal-centric function to a strategic financial asset. As contract complexity and volume continue to rise, organizations are seeking ways to extract greater value from their agreements, and AI-powered solutions are positioned to be a key enabler. However, the market remains skeptical of AI hype, and Agiloft's ability to deliver tangible ROI will be critical for sustained growth.

What we're watching

Financial Adoption
The success of Agiloft's strategy hinges on whether CFOs and finance teams will genuinely adopt CLM as a core financial lever, requiring demonstrable ROI beyond legal efficiency.
AI Integration
The market's perception of Agiloft's 'AI on the inside' will be tested; investors will scrutinize whether the AI delivers on its promises of faster deals and data unlocking, or remains largely symbolic.
Competitive Landscape
The convergence of AI and CLM is attracting new entrants and intensifying competition; Agiloft must maintain its 'value leader' position by continually innovating and demonstrating differentiation.

Legal Ops Shift: CFOs Demand Measurable CLM Impact

Event summary

  • Agiloft will host a session at CLOC Global Institute 2026 featuring Royal Caribbean Group, Honeywell, and WSP.
  • The session, 'Get Your CFO Hooked on CLM,' will focus on how CLM is evolving into a strategic financial instrument.
  • Royal Caribbean transformed its legal function into a global contracting hub, Honeywell integrated CLM with seven CRMs and eleven ERPs, and WSP deployed CLM to 40,000 users.
  • Agiloft is a Diamond Elite sponsor of CLOC, indicating a significant investment in industry visibility and engagement.

The big picture

The shift towards CFO-driven legal operations reflects a broader trend of increased financial rigor across enterprise functions. Companies are now expected to demonstrate a direct and measurable return on investment for all departments, forcing legal teams to quantify their impact on revenue, cash flow, and capital allocation. This trend elevates CLM from a back-office function to a strategic asset, potentially driving increased adoption and investment in data-driven contract management platforms.

What we're watching

Governance Dynamics
The increasing CFO scrutiny of legal operations suggests a broader shift towards finance-led governance across enterprise functions, potentially impacting resource allocation and departmental autonomy.
Integration Risk
Honeywell’s integration of CLM with numerous CRMs and ERPs highlights the complexity and potential integration risks inherent in large-scale deployments, which could impact ROI and adoption rates.
Scale Challenges
WSP’s rollout to 40,000 users demonstrates the challenges of maintaining standardization and control in global deployments, and whether the gains in efficiency can be sustained across such a large user base.

Agiloft Formalizes AI Operations Amid Enterprise Shift to Governance

Event summary

  • Agiloft appointed Noe Ramos as VP of AI Operations, replacing her previous role as VP of IT, Cybersecurity, and Operations Center of Excellence.
  • The new role formalizes Agiloft's internal AI operating model, emphasizing human-centered adoption and measurable business outcomes.
  • Agiloft has implemented initiatives like weekly AI Showcases to foster peer-led AI practice across departments.
  • Ramos’ background in psychology informs a focus on trust, change management, and aligning AI with human workflows.
  • Sales and go-to-market teams are integrating Salesforce data with Agiloft’s CLM and AI capabilities to accelerate deal cycles.

The big picture

Agiloft's move reflects a broader trend of enterprises moving beyond experimental AI projects toward establishing formal AI operations functions with dedicated governance and measurable outcomes. This shift acknowledges that AI's value is derived not just from technology, but from its integration with human workflows and decision-making processes. The creation of a VP-level role signals a commitment to operationalizing AI, a move that could become increasingly common as AI adoption matures across industries.

What we're watching

Execution Risk
The success of Agiloft’s AI strategy hinges on Ramos’ ability to translate the stated principles of human-centered design and operational alignment into tangible results across diverse teams.
Governance Dynamics
The formalized AI Operations function may face resistance or require significant cultural shifts within Agiloft, potentially impacting the speed of AI adoption and innovation.
Competitive Landscape
Other CLM providers will likely observe Agiloft’s approach to AI operations and may adopt similar strategies, intensifying competition in the market.

Agiloft AI Adoption Surges, Signaling Enterprise Shift in Contract Management

Event summary

  • Agiloft's AI adoption has reached over 50% of its customer base (measured by ARR) as of January 2026.
  • Usage of Agiloft Screens, its AI-powered workflow tool, has increased by 250% in AI user growth and 12x in overall application usage since December 2024.
  • Customers using Agiloft's AI are reporting a 25% reduction in risk and a 40% reduction in manual contracting work.
  • The most popular Screens playbooks have shifted from educational content to deal acceleration and commercial risk management, indicating a move from experimentation to active risk mitigation.

The big picture

Agiloft's growth highlights a broader trend of enterprises embedding AI into core operational workflows, particularly in areas like legal and procurement. The shift from experimentation to enterprise reliance on AI-powered CLM signals a maturing market where automation and data-driven insights are becoming essential for competitive advantage. KKR’s investment underscores the potential for significant returns in this space, as businesses seek to optimize legal spend and mitigate risk through technology.

What we're watching

Competitive Landscape
The rapid adoption of AI-powered CLM solutions like Agiloft’s will likely intensify competition within the legal tech space, potentially leading to consolidation or price pressure.
Customer Retention
Agiloft’s 96% renewal rate is impressive, but sustained AI value delivery will be critical to maintaining this high level of customer retention as competitors emerge.
Expansion Strategy
The shift in playbook usage towards deal acceleration suggests Agiloft will need to expand its AI capabilities to support increasingly complex and high-value contract types to maintain growth.
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