Draftwise logo — Your firm's total intelligence in the hands of every lawyer.

Draftwise

Your firm's total intelligence in the hands of every lawyer.

Founded 2020 United States New York, United States 76 employees Series A Total: $27.95M AI, Analytics +2

General Information

Company Name Draftwise
Founded Year 2020
Location United States New York, United States +1
Employees 76
Industries AI, Analytics, Enterprise Software +1
Funding Stage Series A
Social

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About Draftwise

Draftwise is an innovative player in the Legal Tech space, founded in 2020 and headquartered in the United States. Catering primarily to an audience in the AI, Analytics, and Enterprise Software sectors, the company is poised to revolutionize contract drafting processes for legal firms.

The company's slogan, "Your firm's total intelligence in the hands of every lawyer," succinctly captures its value proposition. Draftwise leverages cutting-edge technology to enable attorneys to quickly access their firm’s collective knowledge, thereby optimizing time and enhancing the quality of contracts.

Recently, Draftwise secured a substantial $20.00M Series A investment on March 14, 2024, with participation from notable investors such as Index Ventures, Y Combinator, Earlybird, and Formus Capital. This funding round not only underscores investor confidence but also positions Draftwise well for scaling and further innovation.

Taxonomy: LegalTech, ContractDrafting, AI-poweredPlatform, NegotiationAssistance, LawFirmSolutions, Data-drivenIntelligence, ContractAutomation, LegalSoftware, BigLawEngineering, WorkflowOptimization, AttorneyEmpowerment, CollectiveKnowledgeAccess, SoftwareAsAService, ContractWorkflowImprovement, Data-drivenLegalInsights

Services & Products

AI-driven contract drafting
Contract review and negotiation
Legal precedent management
Document analysis and insights

Target Customers

Big Law Firms Mid-Sized Law Firms In-House Legal Teams Technology and Innovation Leaders in Law Firms

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 4
Investor Investor Investor Investor
14 Mar 2024
Seed Round •••••• 3
Investor Investor
•••• ••••
28 Jun 2023
Non Equity Assistance •••••• 1 •••• •••• 27 May 2022
Seed Round •••••• - 30 Apr 2021
Seed Round •••••• 3
Investor
•••• ••••
06 Sep 2020

View All 7 Funding Rounds

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FAQ About Draftwise

Your firm's total intelligence in the hands of every lawyer.
Draftwise was founded in 2020.
Draftwise is headquartered in New York, United States.
Draftwise operates in the following industries: AI, Analytics, Enterprise Software, Legal Tech.
Draftwise has approximately 76 employees.
Draftwise has completed 7 funding rounds, raising a total of $27.95M. The latest funding stage is Series A.
Draftwise offers: AI-driven contract drafting, Contract review and negotiation, Legal precedent management, Document analysis and insights.
Top alternatives and competitors to Draftwise include The Law Offices of Bamieh & De Smeth, PLC, Lawyers Realty LLC, Sage Settlement Consulting, Berleth & Associates, Castle Law. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Draftwise and The Law Offices of Bamieh & De Smeth, PLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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