As Brazilian legal industry eyes more automation to ease its caseload, CLM provider netLex hopes to accelerate its growth inside and outside the country with its latest funding round.
July 18, 2024 at 02:41 PM
3 minute read
Legal Tech Reporter
The original version of this story was published on Legaltech News
Brazilian contract life cycle management provider netLex announced on Wednesday that it closed a $22.7 million (R$126 million) funding round, making it one of Brazil’s largest legal tech investments.
The round, which is intended to enhance product development and artificial intelligence integrations into the CLM process, and expand the company’s reach beyond Brazil, was led by Riverwood Capital.
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