DraftWise, an AI-powered contract and negotiation platform for lawyers, has announced a $20 million Series A funding round led by Index Ventures, with additional support from existing investors Y Combinator and Earlybird Digital East Ventures.
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. The platform is recognized as an essential asset by top law firms in North America, Europe, and Australia, with customers hailing it as a mission-critical tool that elevates every part of the contract and negotiation process.
DraftWise’s customers, which include many lawyers at Vault 10, AM Law 100, Magic Circle, and Seven Sisters firms, use the platform every day to access historical and institutional knowledge, such … … weiterlesen →