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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
Employees 76
Industries AI, Analytics, Enterprise Software +1
Funding Stage Series A
Business Model B2B, SaaS
Revenue Model Subscription, Usage Based, Service Fee
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.

Business keywords: 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 $20.00M 4
Index Ventures Y Combinator Earlybird
Index Ventures, Y Combinator +2
14 Mar 2024
Seed Round $5.00M 3
Earlybird Formus Capital
Earlybird, Formus Capital +1
28 Jun 2023
Non Equity Assistance Undisclosed 1
Lander & Rogers
27 May 2022
Seed Round $400.00K -
30 Apr 2021
Seed Round $2.40M 3
Polymath Capital
Polymath Capital, Esas Ventures +1
06 Sep 2020
Pre Seed Round Undisclosed 1
JAD Capital Partners
JAD Capital Partners
01 Sep 2020
Pre Seed Round $150.00K 1
Y Combinator
Y Combinator
24 Aug 2020

Draftwise Alternatives & Competitors

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Draftwise vs
Genie AI
Genie AI United Kingdom

A legal brain for every business team

Series A
43 employees
AI, Information Technology
Compare Draftwise vs Genie AI
Draftwise vs
Spellbook
Spellbook Canada

The AI Copilot for Lawyers. Draft & review at the speed of magic.

Series B
140 employees
AI, Developer Tools
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Draftwise vs
LEGALFLY
LEGALFLY Belgium

Legal AI, built for the whole enterprise

Series A
61 employees
AI, Finance
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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 AI, Analytics, Enterprise Software and Legal Tech. Its work centres on LegalTech, ContractDrafting, AI-poweredPlatform and NegotiationAssistance. Its customers include Big Law Firms, Mid-Sized Law Firms and In-House Legal Teams.
Draftwise has a B2B and SaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
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 Genie AI, Spellbook, LEGALFLY, LinkSquares, Harvey. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Draftwise and Genie AI 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.

Source: BounceWatch company record for Draftwise, https://bouncewatch.com/company/draftwise, updated 12 December 2025. When citing, please name BounceWatch and link this page.

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