What does Definely do?
Definely is an AI-powered legal tech company that streamlines contract review and editing for corporate and private practice lawyers by seamlessly integrating into existing workflows.
How much did they raise?
The company raised $30M in Series B funding, led by Revaia with participation from Alumni Ventures, Beacon Capital, Clio, Octopus Ventures, Zrosk Investment Management, The Raine Group, and Cornerstone VC, bringing its total funding to $40M.
What are their plans for the money?
Definely plans to use the funds to accelerate its global expansion and enhance its AI product roadmap, aiming to improve efficiency in handling complex legal documents for its clients.
What have they achieved so far?
Already adopted by over 100 in-house legal teams and private practice firms worldwide, including top Magic Circle and White Shoe firms and blue-chip companies like BT Group and Deloitte, Definely has demonstrated significant market trust and success.