Chamelio, an inhouse legal intelligence platform, has raised $10m in Seed funding. The round was led by Work-Bench and Emerge, with participation from additional investors.
The company helps legal departments ‘eliminate the outdated search-and-retrieve model and implement a solution that uses past negotiations and policies to actively inform workflows and decisions’.
Alex Zilberman, CEO and co-founder of Chamelio, told Artificial Lawyer: ‘It’s been an exciting year. The market has matured so quickly, and I’m happy to see that more customers are no longer willing to settle for legacy or point solutions. I am very proud of the team and excited to continue building in this fast-paced environment.’
Chamelio currently services approximately 100 clients ranging from high-growth startups to large-scale enterprises, including Wiz, Socure, Lightricks, Integrity, Global-e, Cellebrite, and Fiverr.
The new funding will help accelerate product development and expand go-to-market efforts as the company scales to meet growing demand from in-house legal teams in the US, and globally, they added.
And here’s an AL TV Product Walk Through video with Chamelio from earlier.
Zilberman concluded: ‘We alleviate the corporate amnesia afflicting many legal departments. Without a legal intelligence platform, critical context is lost every time a new contract is signed or a lawyer leaves the firm. We help legal departments eliminate the outdated search-and-retrieve model and implement a solution that uses past negotiations and policies to actively inform workflows and decisions.’
More about Chamelio here.
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Main pic: Co-founders, (left to right) Alex Zilberman, Gil Banyas, Gal Lellouche.
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