ARR increased by approximately 30% and customer base by approximately 28% in the third quarter of this year, recording a growth rate exceeding the domestic SaaS average.
-Expansion of adoption among listed companies and mid-sized companies, increasing inquiries about company-wide compliance initiatives centered on legal teams.
Emerging as a governance and risk management SaaS that combines pre-contractual processes with AI analysis.
Lattice (CEO Sangwon Kang), which operates Korea's leading AI-based CLM (Contract Lifecycle Management) SaaS, 'prix,' continues to see stable growth in the third quarter of 2025. Prix's Q3 ARR (Annual Recurring Revenue) increased by approximately 30% compared to the previous quarter, exceeding the domestic SaaS market's average annual growth rate* (approximately 15%), and the number of customers increased by approximately 28% over the same period.
Recently, listed companies and mid-sized companies, including KB Credit Information, SuP Co., Ltd., Qroad, and Diodi, have joined as new clients. By industry, financial and credit information companies are adopting Prix to address regulatory compliance and strengthen internal controls. IT and platform companies are implementing Prix to streamline sales contracts and multi-party contract management within their platforms. Manufacturing and distribution companies are also implementing Prix to systematize the history management of project-level key contracts and supporting documents. As demand for legal and compliance services across industries becomes more pronounced, inquiries from legal teams for company-wide implementation are also increasing.
Prix uses AI to summarize contracts and extract key provisions during the contract drafting and review stages, reducing the time required for contract management and accelerating review speed. During the contract signing process, it supports identity verification, electronic signatures, and audit trail certificates, strengthening legal credibility. Later, during the execution and renewal stages, it enhances the legal team's work efficiency with authority structures, audit history management, and data-driven reporting and dashboards. Recently, in addition to contract summarization and automatic clause extraction, Prix has been enhancing AI-based functions such as natural language search and risk review, strengthening the legal team's risk management system.
Kang Sang-won, CEO of Lattice, said, “Many companies still manage contracts in fragmented ways, such as Excel, messengers, and emails, making it difficult to meet review speed and internal control requirements.” He added, “Prix integrates the entire contract process into a single platform, and AI supports summarization, clause extraction, and risk signal detection, reducing the burden on legal teams. As such, inquiries led by legal teams have been rapidly increasing recently.” He added, “We will continue to develop prix into a standard SaaS for contract management in domestic companies, creating a service that legal teams can utilize with confidence.”
You must be logged in to post a comment.