London-based startup Definely, a legal tech company, has raised $30 million in a Series B funding round to help lawyers streamline their work with the aid of AI. Paris-based VC firm Revaia led the funding round, with participation from Alumni Ventures, Beacon Capital, Clio, Octopus Ventures, Zrosk Investment Management, The Raine Group, and Cornerstone VC, according to Vest Bee. “We are proud to lead Definely’s Series B and support a company that is setting the standard for AI-powered legal technology,” Morgan Kessous, Partner at Revaia, said. What is Definely? Founded by
British legal tech company Definely has raised a $7 million (£5.6 million) Series A investment round to advance its GenAI proposition that helps draft, edit, and understand legal documents. Last year, the Microsoft- and Google-backed company released Vault. This tool leverages AI and OCR technology to analyze and extract key information and clauses from an organization’s internal contract repository. Vault then makes this information readily available to users directly within their documents, exactly when and where it’s needed. One Of The 50 Fastest-Growing Tech Companies In The UK Founded by two former
