Contracts.ai, a next-generation contract intelligence company, officially launched on September 18, 2025, with Jenn McCarron as CEO and Co-Founder and Phani Gunturu as CTO and Co-Founder. The platform addresses a persistent challenge in enterprises by transforming contracts into reliable data streams, providing instant access to financial terms and insights for both legal and finance teams to enhance decision-making and operational efficiency.
Jenn McCarron, with over a decade in legal technology at Netflix, Spotify, and Cisco, and as former President of the Corporate Legal Operations Consortium (CLOC), founded Contracts.ai after repeatedly encountering CLM systems that failed to deliver timely, reliable data for finance. Her vision focuses on empowering legal teams to prioritize strategy while enabling finance to accelerate revenue recognition and financial close processes through actionable contract insights.
Phani Gunturu, drawing from product management and enterprise systems roles at Google and Deloitte, leads engineering and product development at Contracts.ai. His emphasis on scalable, compliance-ready AI infrastructure ensures the platform embeds seamlessly into existing workflows, functioning as "invisible infrastructure" that operates quickly and accurately without adding complexity.
Contracts.ai resolves the longstanding divide between legal and finance by automating the extraction and surfacing of critical financial terms from contracts. Unlike traditional CLM tools that require months for implementation and integration, the platform provides instant, trustworthy data streams compatible with ERP and business systems. This enables organizations to unlock operational insights, reduce manual efforts, and drive faster business decisions.
"Contracts.ai was born from years of pain implementing CLMs that never bridged the gap between legal and finance," said Jenn McCarron, CEO and Co-Founder of Contracts.ai. "Finance needs contract data now — not in six months. Contracts.ai is here to deliver trustable, actionable insights instantly, so legal can focus on strategy and finance can move the business forward."
"Legal and finance leaders don't need more dashboards. They need contract data that simply works across their systems without additional operational overhead," said Phani Gunturu, Co-Founder and CTO of Contracts.ai. "We're building Contracts.ai to be invisible infrastructure: fast, accurate, and embedded into the enterprise from day one."
Founded in 2025, Contracts.ai positions itself as essential infrastructure for modern enterprises, where contract intelligence directly fuels financial agility and strategic growth. By prioritizing seamless integration and reliability, the company empowers cross-functional teams to collaborate effectively, ultimately enhancing overall business performance in an increasingly data-driven landscape.
Contracts.ai is a contract intelligence company on a mission to bridge the data gap between legal and finance. Founded in 2025 by Jenn McCarron (CEO) and Phani Gunturu (CTO), the company transforms contracts into reliable data streams that power decision-making across the enterprise. Contracts.ai integrates seamlessly with CLM, ERP, and business systems, enabling organizations to unlock financial and operational insights instantly.