LegalSifter
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.7m | 3.6m | 4.1m | 4.1m | 4.1m |
% growth | - | 33 % | 14 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
$200k | Seed | ||
N/A | $1.6m | Seed | |
N/A | $2.8m | Seed | |
$1.9m | Early VC | ||
$3.0m | Seed | ||
$1.2m | Seed | ||
N/A | $1.8m Valuation: $9.5m | Late VC | |
* | N/A | Growth Equity VC | |
Total Funding | $12.5m |
Related Content
Recent News about LegalSifter
EditLegalSifter operates in the legal technology market, providing innovative solutions to streamline the contract review process. The company serves a diverse range of clients, including businesses, legal professionals, and research organizations. LegalSifter's core product leverages artificial intelligence (AI) combined with human expertise to review, edit, and negotiate contracts efficiently. This approach, termed 'Combined Intelligence,' aims to reduce the time and complexity involved in managing contracts, which are crucial documents in global commerce. LegalSifter generates revenue through subscription-based models and service fees, offering its AI-driven tools and expert services to clients seeking to optimize their contract management processes. The company's market includes legal departments, law firms, and organizations involved in extensive contractual agreements. By integrating AI with human oversight, LegalSifter ensures accuracy and compliance, making it a valuable asset for clients looking to enhance their legal operations.
Keywords: AI, contract review, legal technology, Combined Intelligence, subscription model, legal services, contract management, efficiency, compliance, expertise.