PocketLaw
Pocketlaw is an AI-powered contract management software designed to streamline legal workflows for businesses. It offers an end-to-end solution for contract lifecycle management, including automated creation, review, redlining, approval, e-signing, and storage. Pocketlaw also features AI agents that assist with drafting, reviewing, understanding documents, and creating summaries, enabling conversational search across all existing files. The platform aims to increase efficiency, reduce errors, and minimize risk by providing a single, integrated system for legal operations. Pocketlaw is ISO 27001 & SOC2 certified and GDPR compliant. They report significant efficiency improvements for their clients, with one client stating a 6x improvement and another reducing contract finalization from two months to two days.
PocketLaw
Pocketlaw is an AI-powered contract management software designed to streamline legal workflows for businesses. It offers an end-to-end solution for contract lifecycle management, including automated creation, review, redlining, approval, e-signing, and storage. Pocketlaw also features AI agents that assist with drafting, reviewing, understanding documents, and creating summaries, enabling conversational search across all existing files. The platform aims to increase efficiency, reduce errors, and minimize risk by providing a single, integrated system for legal operations. Pocketlaw is ISO 27001 & SOC2 certified and GDPR compliant. They report significant efficiency improvements for their clients, with one client stating a 6x improvement and another reducing contract finalization from two months to two days.
TL;DR
What they do: AI-powered contract lifecycle management (creation, review/redlining, automation, approvals, eSign, repository)
Founded / HQ: Founded 2018; headquartered in Stockholm, office in London
Team size (reported): ~30 employees (source snapshot)
Funding highlights: Series A led by Atomico (May 2022); total reported funding ~€14M (~$13.83M)
Security & compliance: ISO 27001 & SOC2 certified; GDPR compliant
Company Overview
Problem Domain
Legal-tech / contract lifecycle management for businesses
Founded
2018
Industry
Legal technology / SaaS
Funding Track Record
€10,000,000
Ben Blume joined the board as part of the round; round reported as ~€10M (May 2022) bringing total raised to ~€14M
Announced a new funding round that included Willard Ahdritz as a strategic investor and board member, with participation from existing backers including Atomico
Investor Signal
“Atomico-led Series A; participation from founders/operators and later strategic investor Willard Ahdritz (board seat) indicates VC and strategic backer involvement”