Small business owners sign contracts without fully understanding the terms, leading to costly surprises like hidden fees or auto-renewals.

Existing solutions like generic contract templates or legal review are too costly or time-consuming for small business owners, who need a simple way to quickly understand key terms and risks in plain language.

Severity

3Medium

Willingness to Pay

implied

Added

May 10, 2026

App Concept

ClearTerms

ClearTerms is an AI-powered contract review app for small business owners. Just upload a contract, and it instantly highlights risky clauses, hidden fees, and auto-renewals in plain English. It's like having a lawyer on retainer for a fraction of the cost.

Key Features

AI-powered clause highlighting for hidden fees, auto-renewals, and unfavorable terms
Plain-language summary of contract obligations and risks
Customizable risk score for each contract
Secure cloud storage for all contracts with search and alerts

Target Users: Small business owners (1-50 employees) in any industry who sign leases, vendor agreements, or service contracts regularly

Revenue Model: Freemium (review up to 3 contracts/month free) with Pro tier at $29/month for unlimited reviews and alerts

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