Creator Start-Ups July and Klaia Announce AI-Powered Contract Summarizer Tools
Two creator startups recently announced new AI-powered features to help creators with brand partnership contracts. First, July announced AI Contract Analyzer, which allows creators to upload a contract and get an instant summary of compensation, deliverables, and deal terms. They can also ask specific questions about the contract and receive responses. Second, Klaia announced Contract Scanner, which also allows creators to upload a contract and get a summary of it. In addition, it will generate a customized email response that creators can send to brands for negotiation.
With brand contracts often being complex, easy-to-read summaries featuring key components in plain English make it easier for creators to understand what they are agreeing to and the scope of work. This is especially true for creators who don't have managers or legal counsel to consult during the contract and negotiation process of a campaign.