Funds Flow
- Kimberley Orcullo
- May 7
- 3 min read
BRINGING YOU THE LATEST IN LEGALTECH NEWS
TLTF & Friends in the News
🇬🇧 We’re heading to London! We’re thrilled to be co-hosting a day dedicated to the future of legal innovation in partnership with PwC on May 15th. Spots are limited, request an invite here!
🎤 Applications are open for the Startup Stages at the TLTF Summit! Apply for the Startup Showcase or Scale Stage to showcase your company to top investors, GCs, and industry leaders.
🚀 ECFX expands its reach as two more Am Law 50 firms adopt ECFX Track, streamlining workflows, reducing operational risks, and improving case visibility.
🚀 Infodash introduces its new Extranet Platform, a seamless, scalable solution helping law firms modernize client collaboration, with Am Law 200 firms already making the switch.
🚀 Outtake, a cybersecurity automation platform, raised a $16.5M Series A led by CRV, advancing AI for automated threat classification and response across platforms.
🎙️ Solo launched The Debt Hotline to offer clear actionable advice to navigate debt collection and lawsuits with confidence.
Fundings
Bpifrance acquired a minority stake in Hg-backed Septeo to support its growth and advance technological solutions for the digitalization of the French economy.
Dealstack raised $5.5M in seed funding to scale its AI-powered platform for private capital operations.
DeepIP, an AI-powered patent drafting and review platform, raised a $15M Series A led by Resonance.
Dosen.io secured $2.3M in funding led by Affinity Ventures to help HR teams and senior leaders tackle underperformance, prevent top talent loss, and end “quiet quitting.”
Finch Legal, an AI-powered platform that helps injury firms scale client services, raised $3.75M in funding led by Sequoia Capital.
GoVeyance, a modern conveyancing platform for legal professionals, announced a majority investment from Teranet.
Noxtua, Europe’s first sovereign Legal AI custom-trained on exclusive high-quality legal data sets and ensuring professional confidentiality and compliance with GDPR, raised a €80.7M Series B led by C.H. Beck.
Phaselaw, an AI-powered platform for legal redactions, raised $2.8M in funding led by Pear, Defined, BoxGroup and Twelve Below.
Solve Intelligence raised a $12M Series A led by 20VC for AI-powered patent drafting and prosecution tools.
Sourcetable, the world's first autonomous "self-driving" spreadsheet that uses AI to democratize data analysis, raised $4.3M in funding led by Bee Partners.
TrialKit, an AI discovery platform for criminal defense attorneys, raised $4.25M in funding led by UpWest.
Vallor raised $4 million in new funding to save enterprises time and money by giving procurement teams the tools to eliminate manual tasks.
Warrant launched the first AI compliance agent purpose-built to review and approve marketing materials for regulated industries, and raised $720,000 in pre-seed funding.
Acquisitions
AngelList acquired Tome, adding AI-powered technology into its backend systems to enhance the speed and accuracy of essential tax and legal document workflows.
Intapp to acquire TermSheet, to create an advanced operating system with Applied AI to help improve returns for real assets investors, advisors, and operators.
New Charter Technologies acquired Element Technologies, boosting managed service provider services for law firms nationwide.
See more about TLTF’s Portfolio Companies
About The LegalTech Fund We invest in companies transforming the world of law. This newsletter is put together by the team at The LegalTech Fund. Follow us on LinkedIn.
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