Tech Company Financing Transactions
Definely Funding Round
On 7/31/2024, Definely raised $750 thousand in funding from Innovate UK.
Transaction Overview
Company Name
Announced On
7/31/2024
Transaction Type
Debt
Amount
$750,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to advance development of AI driven solutions for the legal industry. The funding followed strategic investment from Raine Ventures, and a Series A funding round in May.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Aldgate Tower 2 Leman St
London, E1 8FA
UK
London, E1 8FA
UK
Phone
Undisclosed
Website
Email Address
Overview
Named as one of the 50 fastest-growing tech companies in the UK by Deloitte in 2023, Definely is a fast-growing, Microsoft-backed company transforming the $900bn global legal services market. Definely addresses the number one issue associated with drafting, reviewing and understanding legal documents. You no longer need to ctrl+f, print out a legal document or scroll endlessly just to access the information (defined terms and references) you need to understand the clause or provision being reviewed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nnamdi Emelifeonwu
Chief Financial Officer
Corrine Thompson
Chief Operating Officer
Dave McKenzie
Chief Technical Officer
Sigurjón Ísaksson
Chief Technical Officer
David Silva
VP - Bus. Development
Feargus MacDaeid
VP - Product Management
Bruce Elliott
VP - Sales
Rhys Hodkinson
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