About Kira Systems
Kira Systems is a company based in Toronto (Canada) founded in 2011 was acquired by Litera in August 2021.. Kira Systems has raised $50 million across 2 funding rounds from investors including Litera, Insight Partners and Bowmans. Kira Systems offers products and services including Kira AI. Kira Systems operates in a competitive market with competitors including Seal Software, Lawgeex, LexCheck, LegalSifter and Terzo, among others.
- Headquarter Toronto, Canada
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Sectors
Professional & Legal Services
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Email
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Phone
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Website
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Social
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- Legal Name Kira Inc
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Products & Services of Kira Systems
Kira Systems offers a comprehensive portfolio of products and services, including Kira AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform for identifying and analyzing contract clauses
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Product Management Team
67 people
Leadership Team
33 people
Sales and Marketing
23 people
Software Development Team
21 people
Senior Team
15 people
Customer Team
10 people
Human Resources and Administration
9 people
Strategic Team
5 people
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Funding Insights of Kira Systems
Kira Systems has successfully raised a total of $50M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $50.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2018 | Amount | Series A - Kira Systems | Valuation | Insight Partners |
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| May, 2018 | Amount | Series A - Kira Systems | Valuation | Bowmans |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Kira Systems
Kira Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Litera, Insight Partners and Bowmans. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Online practice management software is provided for law firms.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Kira Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Kira Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Kira Systems Comparisons
Competitors of Kira Systems
Kira Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seal Software, Lawgeex, LexCheck, LegalSifter and Terzo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Contract data is discovered, extracted, and analyzed for portfolio management.
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AI-driven contract review and analytics solutions are offered.
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AI-enabled contract review and analytics are provided by the platform.
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AI-powered platform for contract review and analytics.
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Cloud and AI based contract analytics software
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kira Systems
Frequently Asked Questions about Kira Systems
When was Kira Systems founded?
Kira Systems was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Kira Systems located?
Kira Systems is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Kira Systems a funded company?
Kira Systems is a funded company, having raised a total of $50M across 2 funding rounds to date.
What does Kira Systems do?
Kira Systems was founded in 2011 in Toronto, Canada, within the legal technology sector. Contract review and analysis are facilitated through machine learning tools that identify, extract, and process text from complex documents. Additional solutions cover due diligence, compliance management, and deal point tracking. Services are utilized by law firms such as Allen Overy, DLA Piper, and Davis Polk, among others.
Who are the top competitors of Kira Systems?
Kira Systems's top competitors include LegalSifter, Terzo and Lexoo.
What products or services does Kira Systems offer?
Kira Systems offers Kira AI.
Who are Kira Systems's investors?
Kira Systems has 3 investors. Key investors include Litera, Insight Partners, and Bowmans.
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