Legal Tech Investment Tracker

Brazilian CLM Provider netLex Raises $22.7 Million, Seeking Global Expansion

Xapien plans to expand further into the U.S. and into the financial services industry, while growing its large corporation partnerships.

3 minute read

July 18, 2024 | News

Swedish Startup Leya Announces $25M Investment—Two Months After $10.5M Seed Round

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.

3 minute read

July 17, 2024 | News

Belgian AI Startup LegalFly Secures $16.3 Million In Series A, Keeps the Legal Tech Funding Streak Hot

Since its founding in 2023, Leya, which offers a generative AI assistant that streamlines a number of legal tasks, has expanded to 10 European markets and has its sights set on a U.S. expansion.

4 minute read

July 16, 2024 | News

Cybersecurity Startup Cytactic, Founded by Law Firm Partner, Announces $16M Seed Round

LegalFly, founded one year ago by former Tinder product experts, is seeking to expand further into the U.S.

3 minute read

July 10, 2024 | News

Timekeeping Startup PointOne Secures $3.5M Seed Round, Including Investment From Cooley Fund

The cybersecurity startup, which offers a cyber crisis management and readiness platform, was founded by a former partner and head of tech regulation at Israeli law firm Herzog, Fox & Ne'eman.

2 minute read

July 10, 2024 | News

Gen AI Document Search Startup Hebbia Raises $130M, Hires New Head of Legal

The startup looks to leverage generative AI to "make timekeeping and billing go away as something that attorneys have to do," its co-founder noted.

5 minute read

July 01, 2024 | News

Legal Writing Startup Clearbrief Raises $4M in New Funding Round

Hebbia's Series B round marks another legal technology investment from VC firm Andreessen Horowitz (a16z).

3 minute read

June 26, 2024 | News

Legal Operations Startup Ruli Raises $2.2M In Pre-Seed Funding

Clearbrief, which has released a number of generative AI tools over the past year, noted that an investment fund associated with Wilson Sonsini Goodrich & Rosati participated in the round.

3 minute read

June 24, 2024 | News

Midyear Money: The Top 2024 Legal Tech Investments (So Far)

The startup focuses on automating legal intake and knowledge management, in order to bring efficiencies to how corporate teams interact with the legal department, and access legal knowledge.

5 minute read

June 24, 2024 | News

Legaltech Rundown: Law Insider Acquires oneNDA, Billables AI Receives $3.9 Million in Seed Funding and More

Six months into 2024, and it's clear that legal tech funding is slowly, but steadily, bouncing back, spurred in significant part by booming interest in generative artificial intelligence.

1 minute read

October 18, 2024 | News

By Ella Sherman

An update on the legal tech market's past week, from product launches to new partnerships.

4 minute read

June 24, 2024 | News

Legal Tech Startup Wordsmith Raises $5M in Seed Funding

Swiss Knowledge Search Startup DeepJudge Announces $10.7M in Seed Funding

Wordsmith, which offers a generative AI-powered legal assistant targeted to in-house legal teams, is at least the third legal tech startup to announce seed funding this month.

2 minute read

June 18, 2024

Case Tracking Startup Hona Announces $9.5M Series A Investment

DeepJudge, which offers a Knowledge Search platform to help legal professionals more effectively search their document management systems (DMSs), also announced the launch of a new generative AI interface, Knowledge Assistant.

5 minute read

June 17, 2024 | News

Australian Document Verification Startup Atticus Announces Almost $11M in Minority Investment

The new investment comes less than a year after Hona, formerly known as Milestones, announced a $2.1 million seed funding round led by Y Combinator.

2 minute read

June 11, 2024 | News

Legal Research, Drafting Startup Alexi Raises $11 Million in Series A Funding

The investment is the first for the Melbourne- and London-based startup, which has relied on its own profitability and organic growth since its 2017 founding.

3 minute read

June 10, 2024 | News

FirmPilot, AI Marketing Startup Serving Law Firms, Closes $5 Million Series A Round

Alexi said it will use the investment to grow its staff and continue building new products for the law firm market.

2 minute read

June 10, 2024 | News

CaseMark AI Announces $1.7M Seed Funding Round Led by Google-Backed Investment Firm

FirmPilot uses AI to analyze law firms' competitive landscape and help them optimize their online marketing campaigns and content.

4 minute read

June 10, 2024 | News

Data Privacy Company Transcend Raises $40 Million in Series B Funding Round

CaseMark is at least the third legal tech startup catch the attention of Gradient Ventures, owned by Google's parent company, over the past year.

2 minute read

May 28, 2024 | News

Contract Review Startup Superlegal Announces $5 Million Seed Funding Round

The announcement of a new investment comes just months after the company hired former Grindr chief privacy officer Ron De Jesus as its first ever field chief privacy officer.

2 minute read

May 24, 2024 | News

Court Reporting Startup Skribe.AI Raises $3.5 Million in Seed Funding

Started by the founders of LawGeex, Superlegal looks to cater specifically to small- and medium-sized businesses.

2 minute read

May 24, 2024 | News

EvenUp Raises $135M in Series D Investment

Austin, Texas-based Skribe.AI was one of the three winners of the ABA Tech Show's Startup Alley pitch competition in February.

2 minute read

October 08, 2024 | News

By Ella Sherman

The personal injury-focused startup is hoping to invest in expanding its staff.

2 minute read

May 23, 2024 | News

Parent Company of Privacy Compliance Provider ActiveNav Announces $8M Investment

Swedish Gen AI Assistant Leya Raises $10.5M in Seed Funding

The investment for Data Discovery Solutions, the parent company of ActiveNav and relatively new data mining and forensics company Actfore, comes just two years after the company closed on a smaller funding round involving the same investor.

2 minute read

May 16, 2024 | News

Steno Secures $46 Million in Capital, Launches Gen AI-Powered 'Transcript Genius'

Leya offers a generative AI assistant that looks to streamline legal tasks such as document analysis, due diligence review, data extraction, legal research and drafting legal documents. The company will use the funding to grow its international expansion.

3 minute read

May 14, 2024 | News

Contract Startup Definely Secures $7 Million Series A Funding

Steno's new tool, Transcript Genius, uses Anthropic's Claude 3 Opus model to generate document summaries, interrogate transcript contents and conduct semantic searches.

3 minute read

May 09, 2024 | News

Legal Tech Rundown: Epiq-AWS Partnership, Exterro's $2M Donation, Proxiio's RelativityOne Addition, and More

Definely, which launched with the backing of Google and Microsoft, now hopes to expand hiring and its global client base.

2 minute read

April 26, 2024 | News

Luminos.Law Announces Separation From Software Company Luminos.AI Following $1.7M Investment

An update on the legal tech market's past few weeks, from product launches to new partnerships.

7 minute read

April 22, 2024 | News

ClaimScore, AI-Powered Claim Validation Software Provider, Announces $3.15 Million in Funding

The Luminos.AI platform currently offers six different tools all aiming to facilitate AI oversight. The company also announced the upcoming release of Judicial AI, a new solution embedding legal oversight within each generative AI system.

3 minute read

April 17, 2024 | News

UK Legal Tech Startup Lawhive Announces £9.5 Million Investment

ClaimScore's claim validation software evaluates claims for class action settlements as they come in, scoring them depending on propensity for fraud or legitimacy.

3 minute read

April 16, 2024 | News

Patent Workflow Platform Patlytics Raises $4.5M With Help From Law Firms Partners

In addition to offering an online lawyer network, Lawhive has also developed an "AI Paralegal," essentially an AI Assistant, named Lawrence.

2 minute read

April 11, 2024

Compliance Startup SingleFile Raises $6.5M With Investments From Am Law 100 and TLTF

Patlytics' seed funding round was led by Gradient Ventures, an investment firm backed by Google, and included participation from "select partners from premier law firms," among others.

2 minute read

March 22, 2024 | News

India-based Startup Jhana.AI, Which Offers an 'AI Paralegal', Raises $1.6M

SingleFile, a startup that offers a platform to automate the compliance filing process, is financially backed by a number of firms, including Wilson Sonsini, Cooley and others.

3 minute read

September 25, 2024 | News

DraftWise Announces $20 Million Investment, Plans to Expand Its Gen AI Contract Platform

The legal-tech startup, founded by former Harvard students, was backed by a number of investors, including a member of Open AI's Applied AI team.

2 minute read

March 14, 2024 | News

European Online Notarization Startup Legitify Raises €1.5M in Seed Funding

The new investment comes less than a year after DraftWise, which offers a generative AI-powered contract drafting, knowledge and collaboration platform, announced $5 million in seed funding.

2 minute read

March 08, 2024 | News

Generative AI-Powered E-Discovery Startup Beagle Raises $3 Million in Seed Funding Round

Founded in Stockholm and based in Dublin, Legitify is looking to capitalize on the demand for remote notarization services as more jurisdictions across the EU and U.S. allow for the online, digital process.

2 minute read

February 08, 2024 | News

Service of Process, E-Filing Tech Provider Proof Technologies Announces $30.4 Million Investment

Beagle, whose co-founders were previously machine-learning managers at Snap Inc., looks to stand out in the market due what the company called its "experienced technical team."

2 minute read

January 25, 2024 | News

Spellbook Raises $20 Million in Series A Funding, Plans New AI Capabilities, Platform Expansion

Proof, which offers an app that aims to make service of process and e-filing more efficient, plans to leverage the series B investment for a number of enhancements, including streamlining case initiation.

4 minute read

January 24, 2024 | News

Gen AI Legal Startup CallidusAI Raises Investment Led by Andrew Ng's AI Fund

Spellbook, which offers a generative AI-powered contract drafting and negotiation platform, is planning new developments focused on personalization, end-to-end workflows, accuracy and speed.

4 minute read

January 23, 2024 | News

Robin AI, a Gen AI Assistant for Contracts, Raises $26 Million

CallidusAI offers a generative AI-powered legal research platform with automated document summary, drafting and redlining capabilities.

3 minute read

January 02, 2024 | News

Generative AI Platform Harvey Announces $80 Million Investment

Amid its growing expansion in the U.S., Robin AI, which closed on a series B funding round, is also setting its sights on the Asia legal market.

4 minute read

December 19, 2023 | News

CRM Provider Nexl Announces $6.6M Series A Round

In a blog post announcing the funding, Harvey noted that it planned to use this latest investment to "expand our custom model building, scale our team and build out our suite of product features."

1 minute read

December 01, 2023 | News

Legal Tech Rundown: Clearlaw and Tonkean Partnership, Linklaters' Upgraded Gen AI Chatbot, and More

The latest fundraising will enable Nexl to focus on its core market in the U.S., while boosting its go-to-market capabilities and product development.

2 minute read

November 30, 2023 | News

Swedish Legal Research Startup Qura Raises €2.1 Million

An update on the legal tech market's past few weeks, from product launches to new partnerships.

5 minute read

September 24, 2024

IP Management Provider Tradespace Raises $4.2M to Scale Its AI

Qura is the latest in a growing line of EU-based legal research startups to announce investment this year.

3 minute read

November 15, 2023 | News

New Era ADR Secures Strategic Investment from Chicago Cubs VC Fund, Legal Tech Leaders

By building out an LLM trained on the data Tradespace has collected over the years, the company hopes to provide more targeted analysis across IP portfolios.

3 minute read

November 09, 2023 | News

Legal Tech Rundown: Thomson Reuters' Updated Gen AI Strategy, Lex Machina Expansion, and More

Marquee Ventures and Relativity founder and former CEO Andrew Sieja participated in the latest funding round for the fully virtual dispute resolution technology platform, which counts the U.S. Olympic Committee among its customers.

6 minute read

November 08, 2023 | News

LegalMation Raises $15 Million With Plans for New AI-Powered Litigation Tools

An update on the legal tech market's past few weeks, from product launches to new partnerships.

6 minute read

October 25, 2023 | News

Legal Tech Rundown: LegalZoom Announces Gen AI Assistant, Jackson Lewis Launches Assessment Tool, and More

In addition to building new tools, LegalMation will use the funding to update its existing platform, including with more granular settlement recommendations and litigation insights, among other changes.

3 minute read

October 09, 2023 | News

Generative AI Legal Research Startup Paxton AI Secures $6 Million in Seed Funding

An update on the legal tech market's past few weeks, from product launches to new partnerships.

6 minute read

September 22, 2023 | News

Israeli Legal Tech Startup Darrow Raises $35 Million in Series B Round

Despite investment in legal tech slowing down for much of the year, generative AI-powered platforms are bucking the trend.

2 minute read

September 19, 2023 | News

Cooley Invests in Equity Compensation Startup Easop

Darrow, which markets itself as a "justice intelligence platform," uses generative AI to analyze and scan public data to find viable class action and litigation opportunities.

2 minute read

September 07, 2023 | News

Trellis Announces $15 Million Investment, With Plans to Launch Generative AI Offerings

Easop is at least the fourth startup to receive money from Cooley's investment fund this year.

2 minute read

August 31, 2023 | News

Legal Tech Rundown: BriefCatch, Infodash Funding, Travers Smith Rolls Out Gen AI Chatbot and More

The state court legal research and analytics platform noted that it plans to leverage this funding round for its "next phase of growth" which will see new generative AI features and product releases.

3 minute read

August 18, 2023 | News

By Isha Marathe By Rhys Dipshan

An update on the legal tech market's past few weeks, from product launches to new partnerships.

10 minute read

September 11, 2024 | News

Jus Mundi Raises $22 Million Series B Investment, Announces Launch of AI Assistant

The Contract Network Raises $8 Million, With Help From Relativity Founder, Cooley's Investment Fund

Jus Mundi will roll out its Jus AI legal assistant in Mexico City at the International Bar Association conference.

2 minute read

August 17, 2023 | News

Legatics Announces $5 Million Investment, With Plans to Expand to U.S. Market

Launched in April, and co-founded by a former DocuSign vice president, The Contract Network leverages generative AI and market data to help speed up contract negotiations.

3 minute read

August 15, 2023 | News

Legal Recruiting Startup Flo Recruit Raises $4.2 Million, Eyeing Expansion of Law School Network

The investment comes months after Legatics released Legatics 2, an expanded version of the legal transaction management platform with more flexible project management software.

2 minute read

August 08, 2023 | News

Legal Tech Rundown: Exterro Partnership, Nextpoint Investment, Filevine University Launch, and More

As virtual recruiting has expanded since the pandemic years, Flo Recruit plans to use its latest funding round to ramp up the expansion of its virtual recruitment tools to more law firms and law schools.

2 minute read

August 02, 2023 | News

E-Discovery Startup Fileread Raises $6 Million in Seed Funding Round

An update on the legal tech market's past few weeks, from product launches to new partnerships.

5 minute read

July 11, 2023 | News

AI Startup DraftWise Raises $5M, With Help From Orrick Herrington & Sutcliffe

Fileread's funding round was led by an investment firm backed by Google.

2 minute read

June 28, 2023 | News

Patented.ai Launches Free Personal Access to LLM Shield Amid $4M in Pre-Seed Funding From Cooley LLP, Others

DraftWise is the third legal tech startup that leverages generative AI to secure investment just over the past four weeks.

2 minute read

June 27, 2023 | News

Personal Injury Startup EvenUp Announces $50.5 Million Investment, Launches Gen AI Assistant 'Litty'

The large pre-seed funding round for the tool that blocks ChatGPT from accessing sensitive legal information was led by Steve Anderson of Baseline Ventures, and counts law firm Cooley LLP among its investors.

4 minute read

June 08, 2023 | News

AI-Powered Deposition Startup Parrot Raises $11 Million

Alongside its funding round and a "self-service" generative AI tool that automates drafting demand packages and summarizing medical records, EvenUp also announced an integration with practice management provider Litify.

5 minute read

June 20, 2023 | News

Legal Tech Startup Spellbook Raises $10.9 Million, With Thomson Reuters Investing

Parrot is the second legal tech startup focused on modernizing depositions to close a funding round this year.

2 minute read

May 25, 2023 | News

Personal Injury Startup Supio Announces $25 million Series A Investment

Previously called Rally Legal, Spellbook offers a generative AI-powered contract tool of the same name. As the company looks to scale, it hinted at a broader partnership with Thomson Reuters in the future.

3 minute read

September 03, 2024 | News

By Ella Sherman

With the goal of making data extraction easier for personal injury lawyers and firms, Supio plans to use the investment to grow its team of software engineers.

3 minute read

May 23, 2023 | News

Steno Announces $15 Million Investment, With Help From Clio

Lexion Raises $20 Million in Series B Round, Bringing in New Venture Capital Investors

With the capital infusion, court reporting and litigation financing provider Steno is looking to grow its market share, staff and offerings.

2 minute read

April 19, 2023 | News

iManage Receives Strategic Growth Investment From Bain Capital

The Wilson Sonsini-backed CLM provider noted it will leverage its newest investment to further enhance its product and AI capabilities.

4 minute read

April 11, 2023 | News

CLM Provider SpotDraft Raises $26 Million in Series A Funding Round

The document management provider noted the new funding will accelerate its growth, which over the past few years has been boosted by several M&As.

2 minute read

March 02, 2023 | News

Productivity Suite Macro Raises $9.3 Million From Cooley, Andreessen Horowitz, Others

The CLM provider, which has offices in both India and the U.S. will leverage the investment towards product development and expansion in the North American market.

2 minute read

February 08, 2023 | News

UK's Apperio Raises $7 Million, Eyeing Broader Functionality and US Expansion

According to Macro, the company's document editor that is part of the productivity suite is already being used by several Am Law 100 and Magic Circle law firms.

5 minute read

January 10, 2023 | News

LexCheck Closes $17 Million Funding Round in a Shaky Economy

David Eldridge, Apperio's non-executive chairman, said the company "will use the funding to further develop its product for corporate counsel and meet the growing demand for new functionality from law firms. Apperio will also accelerate its expansion to the U.S. market."

2 minute read

December 14, 2022 | News

Australian No-Code Automation Platform Josef Raises $3.45M

As some legal tech companies cut costs and slash staff, contract review provider LexCheck is capitalizing on the uncertain economy to expand its solution.

3 minute read

November 28, 2022 | News

SirionLabs Acquires Contract Automation Platform Zendoc in Move to Improve User Experience

Josef's fundraising success continues a hot streak this year for no-code automation startups in the legal market.

2 minute read

November 08, 2022 | News

Former DoorDash AGC, Ex-Google Engineer Launch 'No Code' Legal Intake Platform

At a time when CLM tools have been facing some pushback from customers, with its acquisition of Zendoc, SirionLabs aims to focus on enhancing users' experience.

4 minute read

November 02, 2022 | News

EXCLUSIVE: Harvey Raises $100 Million Series C Investment, Reaches Unicorn Status

Former DoorDash associate GC Kathy Zhu's Streamline AI platform has attracted millions in seed funding, including an investment from Wilson Sonsini Goodrich & Rosati.

4 minute read

July 23, 2024 | News

RegTech Provider Compliance.ai Announces $6 Million Investment, New CEO

The funding round, led by Google Ventures, and with participation from OpenAI and other venture capital funds, brings Harvey's valuation to $1.5 billion.

3 minute read

August 02, 2022 | News

Exterro Secures New Financing in 'Pre-IPO Round' Valued 'Over a Billion Dollars'

Compliance.ai announced former ThoughtTrace chief strategy officer Asif Alam as its new CEO, while its former CEO and co-founder takes on a new role.

2 minute read

July 25, 2022 | News

Legal Marketplace Priori Announces $15 Million Funding Round Following Period of High Growth

Exterro CEO and president Bobby Balachandran noted the company is looking to double down on its growth by "turbo charging" its innovation, expanding geographically and having an aggressive M&A roadmap.

4 minute read

July 20, 2022 | News

By Zach Warren

Priori, founded in 2011 by Yale Law School classmates Basha Rubin and Mirra Levitt, said it has experienced 250% growth over the last year following the launch of outside counsel management platform Scout and the general move to digital lawyering.

4 minute read

June 17, 2022 | Q&A

LegalTech Fund Founder Talks Investing in Current Economic Climate, Supporting Startups

Contract Tech Provider Evisort Announces $100 Million in Funding, Led by Prominent Tech Investor TCV

Zach Posner, general partner and co-founder of the LegalTech Fund, which recently raised $28.5 million, discusses how the legal tech industry has evolved in the last couple of years and how there's still a lot of opportunity for the market in the current economy.

5 minute read

May 11, 2022 | News

By Zach Warren

Focused on contract management and analysis with artificial intelligence-enhanced technology, Evisort has now raised $155 million since it was founded by Harvard Law graduates in 2016.

3 minute read

May 11, 2022

LawAdvisor Raises $5M Investment, With Former Orrick CEO, Silicon Valley Funders' Support

Contract Review Startup TermScout Raises $5 Million in Seed Funding

LawAdvisor, which released two products in 2021 designed with input from Barclays and a host of law firms, will bring former Orrick CEO and chairman Ralph Baxter and other investors on as advisers.

4 minute read

May 05, 2022 | News

Justice Tech Company Paladin Secures $8 Million Investment, Seeks International Scale

TermScout also announced the launch of its "Benchmark" tool, which looks to compare users' contracts against a database of similar public and private agreements.

3 minute read

May 03, 2022 | News

Filevine Secures $108 Million Investment, Sees Rapid Growth in Pandemic Market

The legal tech provider will use its investment to scale pro bono programs internationally, as well as enhance product development seeking to show that justice tech is an investable vertical.

3 minute read

April 14, 2022 | News

LinkSquares Secures $100M Investment, Looks to Broaden Offering Beyond CLM

The case management company noted that the new investment will be used to further expand its various client bases.

2 minute read

April 04, 2022 | News

Clio Raises $900M Series F to Reach $3B Valuation With Help From New Investors

The Series C round brings LinkSquares' total funding to north of $160 million and, per the company, gives it an $800 million valuation. The company is now one of multiple CLM providers to secure a nine-figure investment since 2021.

3 minute read

July 23, 2024 | News

Entity Management Software Athennian Raises $33 Million, Its Third Round in Two Years

The practice management software provider will leverage its latest funding round, which saw participation from Goldman Sachs, to accelerate its growth and product innovation, with plans for a new AI platform in the works.

11 minute read

March 30, 2022 | News

Law Firm Training Platform AltaClaro Raises $2.5M from Bryce Catalyst, Orrick

Athennian will use the funding to grow its staff over the next few years. The company has seen its revenue quintuple over the past two years.

3 minute read

March 29, 2022 | News

By Zach Warren

AltaClaro's $2.5M Series Seed Preferred Financing Round comes at a time when many law firms are exploring new options for training attorneys after the pandemic forced many training programs remote.

3 minute read

March 24, 2022 | News

Contract Review Startup Della Raises $2.5M, Bets on New AI Approach

Legal Tech App Store Reynen Court Raises $4.3M to Create Interoperability Features

The London-based startup looks to stand out in a crowded market through its multilingual capabilities and its divergence from the traditional approach of training AI to identify specific contract clauses.

4 minute read

March 08, 2022 | News

By Victoria Hudgins

The legal tech platform is aiming its focus on fostering interoperability across the various third-party legal tech applications on its platform and its clients' other software, Reynen Court founder Andrew Klein says.

2 minute read

March 03, 2022 | News

Legal Staffing Marketplace Legal.io Raises $11.6 Million in Series A Funding

Zero Secures $12 Million Investment, Looks to Capitalize on Legal's Appetite for Automation

The legal marketplace said it will the use the new funding to grow its headcount and expand its community as demand for legal staffing services continues to grow in a tight labor market.

2 minute read

March 01, 2022 | News