Shaped by the in-house counsel who were the first to use it.
At TermTrax, we believe contract review should be defined by substance, not hype. Our platform is designed in close collaboration with in-house counsel who handle high vendor-review volumes so that every judgment remains with the human expert who knows the business best.
Meet the founder
Hi! I'm Tzuri Teshuba, founder of TermTrax. I was born and raised in Detroit, Michigan and currently reside in Be'er Sheva, Israel. I received my bachelors degree in software engineering at Ben Gurion University of the Negev. I am not a lawyer, but I have always found the space interesting and working on TermTrax has been the most intriguing project I have taken on. I work closely with In-house GCs to understand the problems they face and how to solve them. I enjoy board games, exercising and just learning how things work.
How TermTrax started
I was talking with a family member one day. We were talking about work and his business. He told me about how they were drowning in software requests and that the legal review was the bottleneck. His legal team is very thorough in making sure that terms are acceptable. In addition to protecting the business, it is important that they uphold their commitments to their customers. There were solutions on the market, but they were either expensive or required some minimal commitment upfront.
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This sounded like exactly the type of problem I would enjoy solving and my background in software engineering made it simple to get started. We decided to give it a try and TermTrax was born. I spent days inquiring about what went into doing these reviews - the document discovery process, jurisdiction, superseding language, etc. I realized that in-house GCs have a tough job, which meant I had a tough problem to solve. The most difficult requirement was not what the app needed to do; it was that it needed to provide straightforward undeniable proof of its work's correctness.
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Fast-forward a few weeks and the TermTrax prototype was being put to the test. Fingers crossed, I hoped that the lawyer would complain about anything except the AI output quality (e.g. findings, reasoning, missed clauses). In short, the prototype was a success! She compared TermTrax's finding to her manual review and the analysis caught it all. Since then, the product has been iterated on for textual brevity, intuitive controls and time-saving features.Â
Our principles
Our principles shape our product and way we conduct business.
Transparency
Getting a straight answer should be a trivial task. We publish clear pricing without surprises such as minimal commitment periods. We openly acknowledge our limitations as a small company. Mainly, we provide a free trial of the product so you know exactly what you are getting before spending a dime.
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Don't trust us blindly
We understand that output is not valuable until it is proven to be true. We believe that any claim, judgement and decision made by our product should be accompanied by undeniable evidence. This is not just for the happy cases. Even frontier AI models miss the mark occasionally. A straightforward line of evidence makes these cases simple to identify quickly.
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Customer service
Customers should not be reliant on chatbots or uninformed humans to assist with issues they face. Our customers can be sure that a human that is proficient in the product will assist them.
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AI helps, but never decides
While AI is a powerful tool, it should never get in the way of a lawyer's final call. AI output is always a suggestion that you choose whether to accept or override.