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Recently Funded|Amount: USD 12.0M|Industry: Technology, Information and Internet

Breaking News: Casetext Secures $12 Million in Funding for Groundbreaking Legal AI Innovation!

Casetext

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51-200 employees employees (Est.)
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We are thrilled to announce that Casetext, the pioneer of legal AI solutions, has successfully raised $12 million in a recent funding round. Since our founding in 2013, we have been at the forefront of transforming the legal landscape with our flagship product, CoCounsel—the world’s first AI legal assistant. Designed to streamline crucial tasks such as document review, legal research memos, deposition preparation, and contract analysis, CoCounsel empowers lawyers to achieve accurate results in a fraction of the time it would traditionally take. Our team, composed of top litigators, reference attorneys, PhD data scientists, and innovative AI engineers, leverages state-of-the-art technology to enhance the practice of law. This significant funding will be instrumental in furthering our mission to provide attorneys with more efficient tools for higher-quality representation while also expanding access to justice for a broader audience. Currently, over 10,000 law firms—ranging from solo practitioners to more than 40 Am Law 200 firms—trust Casetext to elevate their legal practice. This new capital will enable us to enhance our technology and reach even more legal professionals, ensuring that they have the resources needed to succeed in a rapidly changing environment. We are excited about this next chapter and look forward to continuing to innovate on behalf of our clients. For more information about Casetext and our work, please visit www.casetext.com.
September 21, 2024

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