Tech Company Financing Transactions
DraftWise Funding Round
On 3/14/2024, DraftWise secured $20 million in Series A funding from Index Ventures, Earlybird Venture Capital and Y Combinator.
Transaction Overview
Company Name
Announced On
3/14/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The new financing will allow DraftWise to further strengthen and expand its industry-leading Contract Intelligence platform, which uses generative AI to help firms create higher-quality contracts in less time by empowering every lawyer with instant access to the firm's collective institutional knowledge and data.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Brooklyn, NY Undisclosed
USA
Brooklyn, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
DraftWise was founded with the vision to transform the legal industry by harnessing the power of artificial intelligence. Our team of experts recognized the need for a secure and efficient solution that would enable legal professionals to access their firm's collective knowledge and historical work in a matter of seconds. With DraftWise, attorneys can now focus their attention on providing the best service for their clients, while our AI technology handles the heavy lifting.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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