Legal

Contractroom AI Negotiation

AI contract negotiation platform for procurement teams

Website unavailableSee the AI Graveyard →
Acquired★4.4ratingPricing · FreemiumHot

What happened to Contractroom AI Negotiation?

Contractroom AI Negotiation was acquired by Mitratech in 2021.

Mitratech acquired ContractRoom in May 2021 and relaunched it as EraCLM on 10 Nov 2021. Mitratech still offers the CLM with online negotiation as of Sep 2026.

Source: prnewswire.com ↗Its AI Graveyard record →AI products shut down or acquired in 2021 →

The FalcoScan Intel PanelContractroom AI Negotiation · Legal
Data updated 2 November 2026
Opportunity
High
Band
Saturation
Open
Band
Wrapper risk
Low
Band
Momentum
Hot
Market trend
Rating
4.4
of 5 · FalcoScan rating

Legal AI has a narrow moat on average, from the moat scores of its rated products. What protects Legal AI tools, and the widest moats

The Brief

What Contractroom AI Negotiation does

Contractroom provides AI-powered contract negotiation with redlining, version control, and playbook enforcement. Procurement and legal teams negotiate faster with AI suggesting acceptable counterproposals based on approved positions.

How Contractroom AI Negotiation compares with its closest alternatives

1 of the 5 closest alternatives has a free plan, as Contractroom AI Negotiation does. 3 of the 5 offer an API; FalcoScan's records show none for Contractroom AI Negotiation. Contractroom AI Negotiation offers a web app. Of the alternatives, all 5 offer a web app. Contractroom AI Negotiation was founded in 2023; the alternatives were founded between 2016 and 2023, 4 of them earlier. Contractroom AI Negotiation is based in San Francisco, United States; 2 of the 4 alternatives with a known headquarters are in the United States too, and the others in Canada and the United Kingdom.

Market position · Legal

How Contractroom AI Negotiation compares in Legal

Contractroom AI Negotiation has high opportunity and sits in the middle third of 127 live Legal tools on FalcoScan. Across Legal, the average opportunity score is 80.7 and the average saturation score 11.2. FalcoScan rates Contractroom AI Negotiation's own market position as open. 63 of the 127 operating Legal tools have hot momentum, and FalcoScan has recorded 8 shutdowns in the category.

Contractroom AI Negotiation compared with its closest alternatives
ProductOpportunitySaturationPricingPricing fromFree planAPIPlatformsMomentum
Contractroom AI NegotiationFounded 2023 · San Francisco, United StatesHighOpenFreemium—YesNoWebHot
Spellbook Legal AIFounded 2022 · St. Johns, CanadaHighOpenFreemium—YesNoWebHot
Harvey Legal AIFounded 2022 · San Francisco, United StatesHighOpenPaid—NoYesWeb, APIHot
Contract Companion AIFounded 2023HighOpenPaid—NoYesWebHot
Robin AI ContractFounded 2019 · London, United KingdomHighOpenPaid—NoYesWebHot
Lexcheck Contract AIFounded 2016 · San Francisco, United StatesHighOpenPaid—NoNoWebHot

Exact opportunity and saturation scores for all 6 of these, and where each ranks in Legal.

See them free for 7 days
What it ships with

Capabilities & who uses it

The capabilities Contractroom AI Negotiation exposes to builders and the verticals it currently serves.

AI Capabilities
NlpClassificationText Generation
Industry Verticals
EnterpriseLegal
Similar tools · Legal

Alternatives to Contractroom AI Negotiation

Products still running that do the same job, from the legal market and related ones, closest match first.

See the Legal market
Legal
Spellbook Legal AI

AI contract drafting tool built on GPT-4 for lawyers

★ 4.7Opportunity High
Freemium
Legal
Harvey Legal AI

AI legal assistant trained on law for law firms

★ 4.8Opportunity High
Paid
Legal
Contract Companion AI

AI contract companion for business negotiation support

★ 4.5Opportunity High
Paid
Legal
Robin AI Contract

AI-powered contract negotiation and drafting

★ 4.5Opportunity High
Paid
Legal
Lexcheck Contract AI

AI contract review assistant for corporate legal teams

★ 4.4Opportunity High
Paid
Legal
Avvoka Contract Drafting

AI contract drafting and negotiation platform for law firms

★ 4.3Opportunity High
Freemium
Featured in
Questions

Contractroom AI Negotiation: common questions

Is Contractroom AI Negotiation still running?

Yes. Contractroom AI Negotiation was acquired by Mitratech in 2021. Mitratech acquired ContractRoom in May 2021 and relaunched it as EraCLM on 10 Nov 2021. Mitratech still offers the CLM with online negotiation as of Sep 2026.

Who acquired Contractroom AI Negotiation?

Mitratech acquired Contractroom AI Negotiation in 2021 (prnewswire.com).

Source: prnewswire.com ↗

Is Contractroom AI Negotiation free?

Contractroom AI Negotiation has a free tier, with paid plans.

What are the best alternatives to Contractroom AI Negotiation?

The closest alternatives to Contractroom AI Negotiation that are still running, matched on the AI capabilities, uses and audience they share, are Spellbook Legal AI, Harvey Legal AI, Contract Companion AI, Robin AI Contract, and Lexcheck Contract AI.

Where is Contractroom AI Negotiation based?

Contractroom AI Negotiation is headquartered in San Francisco, United States.

Does Contractroom AI Negotiation have an API?

FalcoScan's records show no public API for Contractroom AI Negotiation.

Who is Contractroom AI Negotiation for?

Contractroom AI Negotiation is built for procurement teams, legal ops, and contract managers.

How do I sign in to Contractroom AI Negotiation?

Sign in on Contractroom AI Negotiation's own website, contractroom.com. FalcoScan reviews Contractroom AI Negotiation but does not run its accounts, so logins, passwords and billing are handled by Contractroom AI Negotiation directly.

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