About
LawGeex is an AI-powered contract review platform that enables businesses to automatically review and approve contracts. LawGeex enables legal teams to expedite review turnaround, ensure legal compliance, and increase overall operational efficiency based on the general counsel's pre-defined checklist. LawGeex combines machine-learning algorithms, text analytics, and the knowledge of expert lawyers to deliver in-depth contract reviews that highlight any unusual, problematic, or missing clauses. It also provides statistical benchmarks that simplify the decision-making process for standard and non-standard contracts company wide. The company was named a cool vendor in "Cool Vendors in AI for Legal Affairs, 2017" by the Gartner Research Group.
Funding history · 5 rounds · $46.8M total
Company Intelligence Q&A
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- When was LawGeex founded and what was its initial focus?
- LawGeex was founded in December 2014 as an AI-powered contract review platform, enabling businesses to automatically review and approve contracts.
- What was LawGeex's first external funding event?
- In January 2015, LawGeex received a grant of $250,000 from the IIA.
- When did LawGeex raise its first Seed round and who were some of the investors?
- In April 2016, LawGeex closed a Seed round of $2.5 million. Investors included LionBird and lool ventures.
- What significant recognition did LawGeex receive in 2017?
- LawGeex was named a "Cool Vendor in AI for Legal Affairs, 2017" by the Gartner Research Group.
- When did LawGeex complete its Series C funding round and who led it?
- In May 2020, LawGeex raised $20 million in its Series C funding round, led by Corner Ventures.
- What operational change did LawGeex announce in September 2022?
- In September 2022, LawGeex announced plans to lay off staff and pivot its focus to small-enterprise clients.
- What was LawGeex's most recent funding round, and who were the lead investors?
- In May 2024, LawGeex completed a Seed round of $5 million, with Aleph and Disruptive AI as lead investors.
- How many employees does LawGeex currently have?
- LawGeex currently has between 11 and 50 employees, with an exact count of 16.
- What is the total amount of funding LawGeex has raised to date?
- LawGeex has raised a total of $46.75 million in funding.