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TLTF & Friends in the News

🎉 We’re excited to introduce OpenLaws to The LegalTech Lab, a platform that consolidates extensive legal data from all U.S. jurisdictions.
🎉 LighthouseAI, a central intelligence and management platform for pharmaceutical state licensing and compliance, raised an $8M Series A led by Boxcars Ventures.
🎉 The Contract Network, an AI-powered collaborative negotiation and contracting platform, has announced its planned acquisition by WCG, a global provider of clinical and regulatory solutions for the life sciences industry.

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Fundings

Legora, the collaborative AI platform for lawyers, raised a $50M Series D extension (bringing the round total to $600M) from Nvidia (NVentures), Atlassian, and Barclays, valuing the company at $5.6B.
Manifest OS, an infrastructure platform for building AI-native law firms, raised $60M Series A, led by Menlo Ventures.
Upstage, an AI software company specializing in foundation models and document intelligence, raised $120M Series C, making it South Korea's first generative AI unicorn.
Patlytics, an AI platform built for the full patent lifecycle, raised $40M Series B led by SignalFire.

Redpine, a data infrastructure startup focused on unlocking non-public datasets for legal and enterprise AI agents, raised $8M Seed led by NordicNinja with participation from Luminar Ventures.
Haast, an enterprise marketing and content compliance startup, raised $12M Series A led by Peak XV Partners.
Iridius, a compliance-by-design AI platform for regulated enterprise workflows, raised $8.6M Seed led by Chalfen Ventures with participation from Osage Venture Partners, Accenture Ventures, and Rock Yard Ventures.
Amperos Health, an AI-native platform for revenue cycle management and denial management, raised $16M Series A led by Bessemer Venture Partners with participation from Uncork Capital and Neo.
Bolto, an AI-native all-in-one platform for recruiting, payroll, and HR, raised $12M Series A led by Standard Capital.
Spektr, an AI-powered compliance infrastructure platform for banks and fintechs, raised $20M Series A led by NEA.
PointOne, an AI-powered legal timekeeping and firm intelligence platform, raised $16M Series A led by 8VC with participation from Bessemer Venture Partners, General Catalyst, and Y Combinator.

Brev, an AI-native business operations platform for goal alignment and execution, raised $3.3M Pre-Seed led by Resolute Ventures.
Paige, a digital legacy and estate planning platform, raised $2.5M in strategic funding from 22nd State Banking Company.
ClearDraft, an AI-powered legal clearance platform for media and content teams, raised $1.4M in Seed funding.

Mergers & Acquisitions

RELX (LexisNexis), a global provider of legal information and analytics, acquired Doctrine, to expand its European AI-powered research and drafting capabilities.
Legora, a Stockholm-based legal AI unicorn, acquired Qura, to enhance its AI-native legal research and search engine functionality.
Anaqua, an IP management software specialist, acquired Patrix, to consolidate its European market presence.

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About The LegalTech Fund We invest in companies transforming the world of law. This newsletter is put together by the LegalTech Fund Team. Follow us on LinkedIn, YouTube, and Spotify

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