DraftWise, a NYC-based supplier of a AI-powered contract and negotiation platform for legal professionals, raised $20M in Sequence A funding.
The spherical was led by Index Ventures, with extra help from present traders Y Combinator and Earlybird Digital East Ventures.
The corporate intends to make use of the funds to help continued funding in engineering, product, and buyer experience, together with strategic funding in development aimed toward increasing its attain.
Led by CEO DraftWise gives legal professionals with data-driven intelligence that improves the entire contract workflow, from first draft to consumer win. The platform is utilized by legislation corporations in North America, Europe, and Australia, to raise contracts and negotiation processes. Clients embody corporations throughout North America, Europe, and Australia, together with Orrick, Gunderson Dettmer LLP, Herrington & Sutcliffe LLP, Katten Muchin Rosenman LLP, Womble Bond Dickinson (US) LLP, and Mishcon de Reya LLP, and different Vault 10, AM Legislation 100, Magic Circle, and Seven Sisters ranked corporations.
FinSMEs
15/03/2024
