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Funds Flow

TLTF & Friends in the News 🎉 Congratulations to FirmPilot and LawPro.ai for their recent fundraises!

⏰ Startups, are you ready!? The TLTF Summit Startup Showcase applications close this month - if you want an opportunity to present to buyers, investors, and legal tech leaders directly, apply here.

 

Fundings

  • Alexi, an AI platform helping lawyers produce high-quality memos, pinpoint crucial legal issues and arguments, and automate routine litigation tasks, raised an $11M Series A led by Drive Capital.

  • Atticus, a document verification platform to speed up the review process, raised ÂŁ5.6M in funding.

  • CaseMark, an AI-powered platform that streamlines legal document summarization, raised a $1.7M Pre-Seed, led by Gradient Ventures.

  • Clearbrief, a legal platform for attorneys to find, insert, and check facts when drafting briefs, raised $4M in funding led by Authentic Ventures and How Women Invest.

  • Deepjudge, a developer of an AI legal document processing platform, raised a $10.7M Seed led by Coatue.

  • 🎉 FirmPilot, an AI law firm marketing platform, raised a $7M Series A led by Blumberg Capital and DoubleVerify.

  • Hona, a client engagement software platform for law firms, raised $9.5M Series A led by Costanoa Ventures.

  • Jupus, an AI platform that automates law firms' client processes, raised €1.3M in funding led by High-Tech GrĂźnderfonds.

  • 🎉 LawPro.ai, an AI-based platform that automates legal tasks and optimizes client outcomes, raised an undisclosed amount of Seed led by The LegalTech Fund and Scopus Ventures.

  • Norm AI, an AI platform for corporate regulatory compliance, raised a $27M Series A led by Coatue.

  • Ruli, a platform that streamlines legal tasks for in-house counsel, raised a $2.2M Pre-Seed led by SignalFire.

  • Wordsmith, a developer of an AI tool for legal teams, raised a $5M Seed led by Index Ventures.


 

Acquisitions

  • LexisNexis, a legal research and analytics provider, acquired Henchman, a legal tech platform that enhances lawyers' drafting.

  • Mitratech, a developer of legal software for corporate legal professionals' risk management, acquired HotDocs, a developer of flexible document automation software.

  • Sirion, a provider of contract management platforms with automated invoice validation, acquired Eigen Technologies, a developer of NLP tech for parsing complex documents and data extraction.

  • AXI Group, a business software developer for various industries, acquired Contractify, a contract management platform.

  • American Arbitration Association, a non-profit organization that offers alternative dispute resolution and arbitration services, acquired ODR.com, an online platform for resolving disputes digitally.

  • Kohlberg Kravis Roberts, an investment firm, acquired Agiloft, a contract management software that automates vendor competition processes.

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