Covenant —
With Covenant, private market investors are radically smarter

About Covenant

At Covenant, we envision a future where advanced artificial intelligence seamlessly integrates with deep legal expertise to transform the legal services landscape for private market investors. Our mission is to deliver sophisticated, AI-native legal solutions that dramatically reduce costs, accelerate transaction speed, and unlock unprecedented data insights while upholding the highest standards of security and privacy.

We are building a pioneering hybrid model that embeds cutting-edge AI directly within a trusted law firm framework, ensuring every AI output benefits from expert human verification. By combining multi-model AI review with rigorous data protection, we empower our clients with reliable, transparent, and efficient legal tools designed for the complexities of alternative investments.

Driven by innovation and integrity, Covenant is advancing the future of legal technology to redefine what is possible in legal due diligence and contract management, positioning us at the forefront of a data-driven and secure legal era.

Our Review

We've been tracking Covenant since their launch, and honestly, they've got us pretty intrigued. This isn't just another legal tech startup throwing AI at everything—it's a law firm that's genuinely rebuilt itself from the ground up around artificial intelligence.

What caught our attention first were the founders: Jen Berrent (WeWork's former COO/CLO) and Richard Perris (ex-CVC General Counsel). These aren't tech bros trying to "disrupt" law—they're seasoned legal veterans who actually understand the pain points they're solving.

The Smart Hybrid Play

Here's where Covenant gets clever: they're not trying to replace lawyers with robots. Instead, they use multi-model AI to handle the grunt work—reviewing LPAs, NDAs, and MFN clauses—then have experienced attorneys verify everything before it reaches clients.

We love this approach because it sidesteps the biggest AI criticism in legal: "What if it hallucinates?" By having humans in the loop, they get the speed benefits of AI without sacrificing the reliability that institutional investors demand.

Privacy That Actually Matters

The zero data retention policy impressed us more than we expected. In an industry where one leaked document could sink a fund, Covenant doesn't train their models on client data and maintains SOC 2 Type II certification. For endowments and sovereign wealth funds handling sensitive deals, this isn't just nice-to-have—it's table stakes.

Their interactive dashboard centralizes everything beautifully, making it easy to compare drafts and leverage historical data for strategic decisions. No more hunting through email chains for that one clause revision.

Who This Really Works For

Covenant laser-focused on private market investors, and it shows. They're not trying to be everything to everyone—just the best solution for sophisticated institutional clients who need both speed and accuracy in legal due diligence.

The $4 million seed round from Flybridge Capital suggests investors see real potential here. Since launching in early 2024, they've attracted top-tier institutional clients who are notoriously picky about their legal partners. That's no small feat in a relationship-driven industry like law.

Features

Platform Type

Website

Pricing

Contact for pricing

Features

AI-powered legal review and management platform

Multi-model AI integration

Lawyer-verified AI outputs

Interactive dashboard for key legal terms

Zero data retention and strong privacy controls (SOC 2 Type II certified)

Jobs

Job title

Posted on

Status

There is no job at the moment.

FAQs

When was Ploy founded?

Ploy was founded in 2024.

[{"answer": "Covenant was founded in 2021.", "question": "When was Covenant founded?"}, {"answer": "Covenant is Legal Services company.", "question": "What is Covenant core business?"}, {"answer": "Covenant operates in the following categories: AI Chatbots, Business Operations, Legal, Productivity.", "question": "What industries or markets does Covenant operate in?"}, {"answer": "Covenant is made for: Consultants, Researchers.", "question": "Who is Covenant made for?"}, {"answer": "Covenant has 11-50 employees.", "question": "How many employees does Covenant have?"}, {"answer": "Covenant headquarters is located at New York City, NY, United States.", "question": "Where is Covenant headquarters?"}, {"answer": "No, Covenant has no open AI jobs on AI Chopping Block right now.", "question": "Is Covenant hiring?"}, {"answer": "Covenant website is <a href=\"covenant.co\" target=\"_blank\" rel=\"noopener nofollow\">covenant.co</a>.", "question": "What is Covenant website?"}, {"answer": "You can find Covenant on <a href=\"https://www.linkedin.com/company/withcovenant/?utm_source=choppingblock&ref=choppingblock\" target=\"_blank\" rel=\"noopener nofollow\">LinkedIn</a> and <a href=\"https://www.crunchbase.com/organization/covenant-337d?utm_source=choppingblock&ref=choppingblock\" target=\"_blank\" rel=\"noopener nofollow\">Crunchbase</a>.", "question": "Where can I find Covenant on social media?"}, {"answer": "Covenant is an AI-powered law firm specifically designed for private market investors. It helps clients reduce legal fees, increase transaction velocity, and unlock valuable data insights throughout the investment lifecycle.", "question": "What is Covenant and what does it do?"}, {"answer": "Covenant combines AI technology with legal expertise to reimagine the legal work experience. Their platform automates processes and provides data-driven insights to make legal services more efficient and cost-effective.", "question": "How does Covenant use AI in legal services?"}, {"answer": "Covenant serves private market investors including leading endowments, foundations, sovereign wealth funds, and other global institutional investors. They specialize in meeting the unique legal needs of these sophisticated investment organizations.", "question": "Who are Covenant's target clients?"}, {"answer": "Clients using Covenant's platform experience dramatically reduced legal fees, faster transaction processing, and access to valuable data insights. This combination helps investors make more informed decisions while saving time and money.", "question": "What are the main benefits of using Covenant's platform?"}, {"answer": "Covenant is led by Jen Berrent (former COO and CLO of WeWork) and Richard Perris (former General Counsel of CVC). The company was built by experienced lawyers and seasoned technologists, backed by Flybridge Capital Partners.", "question": "Who founded Covenant and what's their background?"}, {"answer": "Choppingblock.ai is a comprehensive directory featuring thousands of AI companies across various industries. You can explore and discover innovative AI solutions, compare companies, and stay updated on the latest developments in artificial intelligence.", "question": "What is Choppingblock.ai and how can I find more AI companies?"}]

Last Update

August 20, 2026

AI Companies like

Find your next opportunity by exploring profiles of companies that are similar to this company.

View all companies

Liminary

Liminary is AI-native memory for people whose work depends on what they've already learned: professionals and small teams that need to move faster and smarter. Save anything you read, watch, talk about or capture. Liminary makes it findable, connected, and ready to surface when you need it, in the moment you're working, not three searches later. Your saved knowledge stays private to you, so the perspective you've spent years building doesn't get diluted into a model that helps your competitors. We're building for a specific belief: that AI should make experts more irreplaceable, not less. Most tools are aimed at speed. We're aimed at depth. Our emphasis is on how technology can augment, not replace, humans, to empower them to focus on higher-value activities rooted in human creativity and judgment.

RapidCanvas Canvas

Our Hybrid Approach™ to enterprise AI changes everything. We pair elite human experts with a purpose-built agentic platform to create custom solutions that are human-led, agent-executed, and deliver outcomes from day one. We don’t just consult. We collaborate as your partner, from first engagement to lasting transformation. While others get stuck in pilot purgatory, we take businesses from concept to production to scale by solving key problems of context and execution. It’s not capability that today’s AI lacks, but understanding. Without deep, structured knowledge of your business, your workflows, and what your data actually means, pilots look promising but break when stretched. We solve this on day one. Every engagement starts with your own Enterprise Context Engine™: a living intelligence at the heart of your business. It unifies your data, maps your workflows, and learns from every use case. The more you build, the smarter it gets. Every iteration feeds the engine, and the intelligence compounds. That makes the second problem, execution, no longer a roadblock. When your AI architecture understands your business, problems, and workflows, it works with you, making iterative improvements easy and execution at an enterprise scale possible. We work with industry leaders in manufacturing, retail and consumer goods, financial services, supply chain, and infrastructure. Future-proofed by design. Outcome-led by default. Recognized as a top 5 Data Science and Machine Learning platform by G2 for customer satisfaction.

Salt AI

Salt Ai is an intelligent fabric for building complex AI workflows. It securely connects to proprietary and open data sources and runs entirely inside the customer’s infrastructure, whether in a VPC, on-prem, or sovereign cloud. No data leaves the environment. This architecture supports classification requirements, IP protection, and federal cybersecurity controls by design. The platform is model-agnostic, so organizations are never locked into a single foundation model. Salt orchestrates multiple models into governed, auditable pipelines that integrate data, compute, and workflows in a structured and traceable way.

Greptile

Building the universal code validation layer, starting with AI agents that review pull requests with full codebase context.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Neural Concept

Founded in 2019, Neural Concept builds the intelligence layer for engineering software, enabling companies to design and develop complex products faster and more efficiently. Its AI-first engineering platform embeds physics-aware intelligence directly into design and simulation workflows, allowing engineering teams to move beyond isolated tools and manual iteration toward continuous, AI-augmented decision-making. The company drives product development across major industries, including automotive, aerospace, energy, consumer electronics, semiconductors and defense, working with the world’s leading global OEMs and component suppliers. Neural Concept is headquartered in Switzerland, with a growing global presence including offices in Munich, New York and the Asia-Pacific region and is backed by global investors, including Goldman Sachs, Forestay Capital and D. E. Shaw Group.

FlutterFlow

FlutterFlow is the fastest way to go from idea to production app. Start with FF Designer, our AI design tool that generates high-fidelity screens in seconds, not minutes. Edit everything on a full visual canvas. No re-prompting loops and waiting. When your design is ready, build in FlutterFlow's visual app builder, the most powerful platform for creating production-grade mobile and web apps without writing code from scratch. Connect data sources, add logic, integrate APIs, and deploy natively to iOS, Android, and web. Used by nearly 3 million builders from solo founders shipping their first app to enterprise teams scaling internal tools. FlutterFlow generates clean, readable Flutter and Dart code. Every app is fully exportable. No lock-in. No black boxes. Or export your designs to AI coding agents like Claude Code and Codex with full context so you get exactly the app you envisioned. The fastest AI design tool. The most powerful visual app builder. One platform.

Texas Instruments

We are a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, enterprise systems and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

ASML

Who are we? ASML is an innovation leader in the global semiconductor industry. We make machines that chipmakers use to mass produce microchips. Founded in 1984 in the Netherlands with just a handful of employees, we’ve now grown to over 40,000 employees, 143 nationalities and more than 60 locations around the world. What do we do? We provide chipmakers with hardware, software and services to mass produce patterns on silicon through lithography. Our lithography systems use ultraviolet light to create billions of tiny structures on silicon that together make up a microchip. We push our technology to new limits to enable our customers to create smaller, faster and more powerful chips. Who are our people? While you may think that only engineers and mathematicians work at ASML, you'll be surprised to find out that our people come from a wide variety of backgrounds. Across ASML, we have dedicated teams that manage customer support, communications and media, IT, software development and more. Every team in the company is essential for pushing our technology and the industry forward. If you love to tackle challenges and innovate in a collaborative, supportive and inclusive environment with all the flexibility and freedom to unleash your full potential, ASML is the place to be. Join us!

View all companies

Covenant —
With Covenant, private market investors are radically smarter

Request an update

About Covenant

Our Review

The Smart Hybrid Play

Privacy That Actually Matters

Who This Really Works For

Features

Jobs

FAQs

AI Companies like

Liminary

RapidCanvas Canvas

Salt AI

Greptile

Bank of America

Neural Concept

FlutterFlow

Texas Instruments

ASML

Join the AI Leaders Network today

Covenant —With Covenant, private market investors are radically smarter

Request an update

About Covenant

Our Review

The Smart Hybrid Play

Privacy That Actually Matters

Who This Really Works For

Features

Jobs

FAQs

AI Companies like

Liminary

RapidCanvas Canvas

Salt AI

Greptile

Bank of America

Neural Concept

FlutterFlow

Texas Instruments

ASML

Covenant —
With Covenant, private market investors are radically smarter