Tiro
lexicallabs.com
What it is
Tiro is contract review and negotiation software for inbound agreements. It combines deep-learning algorithms, a logic-based expert system, and integrations with large language models such as GPT. Contracts can be checked against an organisation’s policies or industry standards, with key terms, party responsibilities, risks, and red flags identified. Negotiation support includes issue guidance, standard wording, clause libraries, precedent search, redlining, and requested-change lists. Tiro extracts contract metadata and risk data, analyzes executed contracts, and provides search and Q&A across those agreements. Risk information can appear in reports or documents or be sent to another platform. Access is available through a web app with document storage and a Microsoft Word add-on. Listed integrations include CLM, vendor management, Microsoft Teams, HighQ, and SharePoint. It currently reviews goods and services contracts across listed sectors, plus NDAs. Pricing is on request, based on volume or bulk review.
Spec sheet
- What it does
- Tiro uses deep learning and logic-based AI to review, risk-score and help negotiate contracts, with a focus on inbound contracts.Read 3 Oct 2026 · lexicallabs.com
- Purpose
- Tiro uses deep-learning and logic-based AI to review, risk-score and help negotiate contracts.Read 4 Oct 2026 · lexicallabs.com
- Intended users
- The site identifies legal and contract-management teams, sales and procurement teams, risk managers, platforms, small businesses and freelancers as potential users.Read 4 Oct 2026 · lexicallabs.com
- Integrations
- The site lists Microsoft Teams, SharePoint, Word, HighQ, CLM and vendor-management platforms among its integrations.Read 4 Oct 2026 · lexicallabs.com
- Support
- The contact page invites enquiries by email and says a team member will respond; it lists [email protected].Read 3 Oct 2026 · lexicallabs.com
- Headquarters
- London, United KingdomRead 28 Sep 2026 · lexicallabs.com
- Founded
- 2016Read 28 Sep 2026 · lexicallabs.com
- Accuracy claim
- The FAQ says Lexical Labs aims for 95% accuracy, measured by its ability to uncover defined concepts in a contract.Read 3 Oct 2026 · lexicallabs.com
- Accuracy target
- The FAQ says the company aims for 95% accuracy, measured by the ability to uncover defined concepts in a contract.Read 4 Oct 2026 · lexicallabs.com
- AI models
- The FAQ says Tiro combines deep-learning algorithms and a logic-based expert system and integrates with large language models such as GPT.Read 4 Oct 2026 · lexicallabs.com
- Contract analytics
- Tiro offers executed-contract analytics, including questions and answers, intelligent search, and analysis of risks and terms.Read 4 Oct 2026 · lexicallabs.com
- Contract negotiation
- It offers playbook guidance, clause libraries, precedent search, redlining and lists of requested changes.Read 3 Oct 2026 · lexicallabs.com
- Contract types
- The FAQ lists goods and services, SaaS, IT, engineering, construction, advanced manufacturing, agency contracts and NDAs.Read 4 Oct 2026 · lexicallabs.com
- Inbound contracts
- Tiro is specifically configured for inbound contracts and identifies key data and the responsibilities of each party.Read 4 Oct 2026 · lexicallabs.com
- Microsoft Word
- Tiro offers a Microsoft Word add-on for review, redlining and reporting in Word.Read 3 Oct 2026 · lexicallabs.com
- Negotiation tools
- Tiro provides issue guidance, standard wording, clause libraries, precedent search, redlining and lists of requested changes.Read 4 Oct 2026 · lexicallabs.com
- Policy review
- Contracts can be reviewed against an organisation’s own rules and policies or industry standards.Read 4 Oct 2026 · lexicallabs.com
- Pricing basis
- The maker says it charges either a monthly subscription based mainly on expected contract volumes or a per-contract review cost for bulk reviews; it gives no public amounts on that page.Read 3 Oct 2026 · lexicallabs.com
- Pricing model
- The FAQ says pricing is either a monthly subscription based mainly on expected contract volumes or a per-contract review cost for bulk reviews.Read 4 Oct 2026 · lexicallabs.com
- Review against policies
- Tiro checks contracts against an organisation’s own rules and policies, or industry standards, and presents key terms, red flags and risks.Read 3 Oct 2026 · lexicallabs.com
- Risk reporting
- Risk analysis can be presented in a report, in the document, or as data accessible in another platform.Read 4 Oct 2026 · lexicallabs.com
- Testing
- The FAQ says the most common way to test Tiro before committing is a 1–2 hour workshop where the customer uploads contracts.Read 4 Oct 2026 · lexicallabs.com
- Who it serves
- The maker describes Tiro as suitable for lawyers and contract managers, sales and procurement teams, small businesses, and platforms and applications.Read 3 Oct 2026 · lexicallabs.com
- Word and web access
- Tiro is available as a Microsoft Word add-on and a web app with document storage.Read 4 Oct 2026 · lexicallabs.com
Strong points and limits
Strong points
- Checks agreements against policies or industry standards
- Includes redlining and clause libraries
- Provides contract metadata and risk analytics
- Web app and Microsoft Word add-on
- Supports listed CLM and collaboration integrations
Limits
- Pricing is available only on request
- Current contract coverage is limited to listed types
- Maker states a 95% accuracy aim, not a guarantee
Who it suits
Tiro is aimed at lawyers, contract managers, sales and procurement teams, risk managers, small businesses, freelancers, and platforms handling inbound contracts.
Verdict
Tiro brings policy review, negotiation guidance, analytics, and Word-based workflows together for inbound contracts. Buyers should confirm that their agreement types and pricing model fit their needs.
Where Specifiction places it
- Contract Analysis Software#22 of 236.9