Definely has raised $7 million from a series A investment round led by Octopus Ventures, with participation from Cornerstone VC and Zrosk Investment Ltd, according to a Wednesday news release.
The legal tech company uses artificial intelligence to provide productivity solutions to aid lawyers throughout the pre-execution stage of the contract lifecycle. It was founded in 2020 and previously received backing from Microsoft and Google.
Definely is concentrated on adding to its existing user base, and also aims to expand its technical team, it said.
Bloomberg Law also competes in this market and sells AI-based tools that provide contract ...
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