On Friday, CLM provider SpotDraft announced the launch of a new generative AI-powered contract review tool called VerifAI, which will be free for users in a trial period until Nov. 30.

The launch of VerifAI comes around seven months after the company announced it closed on a $26 million series A funding round. At the time, SpotDraft noted that it would leverage the investment to further its product development.

SpotDraft VerifAI. Courtesy photo