LegalOn, a San Francisco, CA-based firm growing authorized AI options for contracting, raised $50M in Collection E funding.
The spherical was led by Progress Fairness at Goldman Sachs Alternate options (Goldman Sachs), with participation from present investor World Innovation Lab (WiL), and new participation from Mori Hamada, Mizuho Financial institution and Shoko Chukin.
The corporate intends to make use of the funds to scale its agentic AI product growth and go-to-market efforts, constructing on momentum within the US and UK, the place its enterprise quadrupled over the previous yr.
Led by CEO Daniel Lewis, LegalOn focuses on authorized AI for contracting. Its AI flags contract dangers, recommends exact redlines and organizes contract information, eliminating hours of guide work that delay offers and enhance threat.
The corporate additionally introduced a strategic collaboration with OpenAI, the AI analysis and deployment firm behind ChatGPT. Collectively, the businesses purpose to enhance company authorized workflows by combining OpenAI’s ChatGPT Enterprise and API with LegalOn’s deep authorized area experience and proprietary authorized information.
The corporate now helps 7,000+ clients.
FinSMEs
24/07/2025
