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Draftwise
DraftWise is an AI-powered platform designed to transform the legal industry by helping law firms draft and negotiate better contracts more efficiently. Leveraging AI and the firm's own historical…
Draftwise
DraftWise is an AI-powered platform designed to transform the legal industry by helping law firms draft and negotiate better contracts more efficiently. Leveraging AI and the firm's own historical…
TL;DR
What they do: Precedent-powered AI for contract drafting, review, and negotiation integrated into Microsoft Word and firms' deal histories
Customers: Major law firms including Vault 10, Magic Circle, and AmLaw 100 firms
Security: Enterprise-grade security with SOC 2 Type II and ISO 27001 certifications; does not train on client data
Recent funding: Raised $20M Series A (announced March 14, 2024); prior $5M seed
Company Overview
Problem Domain
Legal tech — contract drafting, review, and negotiation for law firms and corporate legal teams
Industry
Legal technology
Funding Track Record
5000000.00
Seed round of $5M led by Earlybird
20000000.00
Series A announced March 14, 2024; additional participation from existing investors including Y Combinator and Earlybird
Investor Signal
“Backed by Index Ventures, Earlybird, Y Combinator and other VCs”