Superlegal Raises $5M in Seed Funding to Advance AI-Driven Legal Contract Review for SMBs
Superlegal is committed to democratizing access to advanced AI contract review technologies for SMBs, providing tools previously accessible only to large enterprises.
Company Name: Superlegal
Location: NYC, NY
Sector: Legal Technology, AI Software
Funding Details: Raised $5M in Seed funding. The round was led by Aleph and Disruptive AI fund, with participation from Alicorn Venture Capital and Tom Glocer, former CEO of Thomson Reuters.
Purpose of Investment: To expand operations and enhance development efforts.
Leadership: Founded by Noory Bechor and Ilan Admon.
Product: Superlegal provides a SaaS platform that offers AI-powered and lawyer-verified contract review services designed for small and medium-sized businesses. The platform enables SMBs to handle, review, and advance contracts efficiently without the need for a dedicated legal department or external legal counsel. Its AI contract review engine is patented, trained on legal organization data, and tailored specifically for interpreting legal language.
"This investment from three industry-leading VCs with deep passion and expertise in AI serves as a robust validation of our vision and dedication to ensuring that small and medium-sized businesses can access, afford, and adopt the same AI technologies as enterprises. With this funding, we can expedite our growth trajectory and sustain our commitment to innovation, while leveling the playing field between small and large businesses." - Noory Bechor
About Company: Superlegal is committed to democratizing access to advanced AI contract review technologies for SMBs, providing tools previously accessible only to large enterprises. The platform is designed to level the playing field for SMBs in managing legal documents.