Avokaado is a contract platform for drafting, negotiating, storing, approving and electronically signing contracts. According to its website, it turns documents into structured data so that contracts can be tracked across their lifecycle, with e-signature, KYC checks and governance functions. Organisations can use it as a cloud service, and the vendor also describes an on-premises setup as an option.
Avokaado OÜ is an Estonian company based in Tallinn. The website does not name an owner or a parent company. The vendor states that the platform is hosted in the EU, that it is GDPR compliant and that there are no transfers to third countries. The software is proprietary and not open source. For a European organisation it is a European alternative to contract platforms from non-European providers; the hosting location within the EU and the sub-processors should be confirmed in the contract.