The Legal AI Index
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AI-Native

Carta Law (fka Avantia Law)

Acquired by Carta (private capital ERP provider) in May 2026 and rebranded Carta Law. AI-first NewMod law firm serving private capital clients — asset managers, PE firms — via pay-as-you-go fixed-fee legal services embedded in Carta's fund operations platform.

Platforms in use
Proprietary
Proprietary tools and programmes
  • Ava

    Avantia's proprietary agentic AI platform, now integrated into Carta's ERP. Automates routine high-volume transactional and contracting work for private market participants. Handles KYC and NDA playbooks, contracting and compliance review, and delivers attorney-reviewed legal and compliance recommendations. Serves clients with $15trn+ AUM.

What is happening
  • ·May 2026: Acquired by Carta (private capital ERP provider). Rebranded as Carta Law. Freshfields advised Carta on the deal.
  • ·Avantia served 200+ global asset managers including nearly a third of the world's largest funds, powering transactions tied to $15trn+ AUM.
  • ·Carta Law integrates Ava AI workflow engine into Carta's ERP, unifying legal and compliance decisions with fund operations on a single platform.
  • ·Pay-as-you-go, fixed-fee pricing per service — no billable hour. AI-powered contracting and compliance reviews, agentic KYC/NDA workflows, attorney review of AI recommendations.
  • ·Listed on the Pollins AI Firm Index.
Sources