Definely

Overview
News
LegalTech?
Product stageSegments
Seed
?
Document automation and notarization tools
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Definely is a legal technology company that provides an AI-powered suite of tools to assist lawyers in drafting, proofreading, and comprehending legal documents efficiently. Their flagship product, Vault, utilizes large language models and proprietary contract repositories to help lawyers surface and insert precedent clauses and information seamlessly within their documents. Draft, another tool in their suite, enables lawyers to access and edit information across legal documents without navigating away from the specific clause or provision under review. Definely also offers Proof, an AI-driven legal proofreader that automates hundreds of proofreading checks with a single click, ensuring contracts are watertight and eliminating the need for manual proofreading.

Definely's technology aims to address the challenges lawyers face when referencing complex legal documents, which often involve scattered phrases and terminology across different sections. Their solutions allow lawyers to stay focused on the same page, reducing the time and cognitive load associated with traditional methods like using Ctrl+F, multiple monitors, or referencing hard copy documents.

As of May 2024, Definely has over 40,000 active users, including some of the largest companies and law firms in the UK, US, Canada, and Australia. Their client base includes prominent firms like Allen & Overy (now A&O Shearman), Slaughter & May, Dentons, Deloitte, and P&O Cruises.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
London GBR
Founded year:
2020
Employees:
101-250
IPO status:
Private
Total funding:
USD 11.2 mn
Last Funding:
USD 751.4 k (Grant; Jul 2024)
Last valuation:
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Company profile
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