DraftWise Secures $20M Series A to Revolutionize Legal Contract Workflows with AI

DraftWise is revolutionizing the legal industry by providing lawyers with a powerful AI-driven platform that simplifies and enhances the contract workflow.

DraftWise Secures $20M Series A to Revolutionize Legal Contract Workflows with AI
Source: DraftWise

Company Name: DraftWise

Location: New York City, NY

Sector: AI-powered Contract and Negotiation Platform for Lawyers

Funding Details: Raised $20M in Series A funding led by Index Ventures. Additional support from Y Combinator and Earlybird Digital East Ventures.

Purpose of Investment: To support continued investment in engineering, product, and customer expertise. Strategic investment aims to expand its reach.

Leadership: CEO

Product: DraftWise offers an AI-powered contract and negotiation platform that provides data-driven intelligence to improve the entire contract workflow, from the initial draft to securing clients. It is utilized by law firms in North America, Europe, and Australia to enhance their contract and negotiation processes.

About Company: DraftWise is revolutionizing the legal industry by providing lawyers with a powerful AI-driven platform that simplifies and enhances the contract workflow. DraftWise's technology is setting a new standard for efficiency and effectiveness in legal negotiations and contract management, serving top law firms across North America, Europe, and Australia.