obligation-management
(2)
Aavenir
Aavenir is a Texas-based enterprise software company that builds AI-powered source-to-pay and contract lifecycle management (CLM) applications natively on the ServiceNow platform. Founded in 2019 by Jesal Mehta, the company uses AI agents, machine learning, and natural language processing to automate contracting, sourcing, invoicing, vendor onboarding, and obligation management so procurement, legal, and finance teams can cut cycle times, reduce risk, and gain end-to-end visibility across the vendor and contract lifecycle.
Icertis
Icertis is the AI-native contract intelligence company that turns enterprise strategy into faster execution at scale. Founded in 2009 and headquartered in Bellevue, Washington, Icertis helps 1 in 5 Fortune Global 500 companies manage millions of commercial agreements across 90+ countries through its Icertis Contract Intelligence platform - powered by Vera AI, a proprietary model trained on 17+ million contracts. With $496M in total funding, a $5B valuation, and nearly $350M in annual recurring revenue, Icertis has redefined what contract lifecycle management can do: turning buried legal text into live business intelligence.