Last updated 2026-06-18
- Acquired by Litera, Jun 2020
- Raised funding round, Jun 2018
Total raised
—
Last: 2018-06
Stage
Acquired
Founded
2018
Headcount
1-10
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Bestpractix provides lawyers with an all-in-one AI-powered productivity platform for better and efficient contract work through all stages of the contract-drafting process. The company's AI-powered platform optimizes and simplifies the way lawyers handle contract work using proprietary machine learning and natural-language processing technologies.
Funding history · 1 round · — total
2018-06
Undisclosed
Q&A
- What is Bestpractix's primary business?
- Bestpractix provides lawyers with an all-in-one AI-powered productivity platform designed to optimize and simplify contract work through all stages of the drafting process, utilizing proprietary machine learning and natural-language processing technologies.
- When was Bestpractix founded?
- Bestpractix was founded in June 2018.
- What is the current status of Bestpractix?
- Bestpractix was acquired by Litera in June 2020 and is currently inactive.
- Who acquired Bestpractix?
- Bestpractix was acquired by Litera in June 2020.
- Where is Bestpractix headquartered?
- Bestpractix is headquartered in Tel Aviv-Yafo, Center District, Israel.
- How many employees does Bestpractix have?
- Bestpractix has 1-10 employees.
- Who are the founders of Bestpractix?
- The co-founders of Bestpractix are Omer Hayun, who also serves as CEO, and Uri Goren.
- Which sector does Bestpractix primarily operate in?
- Bestpractix primarily operates in the Business Software sector.
Team · 2
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development Tools
Technologies
Platforms & InterfacesWebArtificial IntelligenceNatural Language ProcessingMachine Learning
Target customers
Enterprise & Professional ServicesLegal Services
Business model
B2B
Highlights
Verified
Tags
natural-language-processinglegaltechweb-platformsoftware-applicationsdata-optimizationenterprise-solutionsartificial-intelligencebpm
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/11805084 |
Identifiers & details
| Founded | 2018-6 |
|---|---|
| Status reason | Acquired (Inactive) by Litera on Jun 2020 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Litera 2020-06