Chamelio, an AI-native platform for inhouse legal teams, has announced a $26 million Series A raise led by Entrée Capital, with participation from existing investors Work-Bench and Emerge Ventures. Bright Pixel Capital also participated.
The company, which only started in 2024, will use the new funding to further develop its proprietary ‘legal action model, grow its legal engineering and product teams and invest further in onboarding technology’, they said.
Chamelio enables legal teams to delegate the ‘tedious manual labor of contract review’ to autonomous agents, laying the ‘groundwork for a completely different in-house composition of the future, consisting of both lawyers and AI agents’, they added.
Alex Zilberman (pictured with co-founders), CEO and co-founder of Chamelio, commented: ‘The mistake in legal AI has been assuming the future simply looks like today’s lawyer with faster contractual fact-checking.
‘AI in a legal setting shows dividends when it can make decisions intuitively, built on the corporate intelligence of each individual business. This is what Chamelio does. We ensure in-house legal departments deliver watertight contracts and outputs at AI speed, validated by the rigour of lawyers.’
Eran Bielski, General Partner at Entrée Capital, added: ‘What stood out to us [about Chamelio] was not only the strength of the product, but how quickly Chamelio’s founders execute, learn from customer feedback, and turn that feedback into a product with category-defining potential.’
Chamelio’s platform integrates with CRMs like Salesforce, as well as other tools such as Slack, NetSuite and procurement systems, the company concluded.
Congrats to the team!
Main pic and above: Chamelio Co-Founders Alex Zilberman, CEO, Gil Banyas, COO and Gal Lellouche CTO.
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