The contract review is a slow, manual process that puts pressure on legal teams, and forces lawyers to translate dense language, flag risks, and legal terms.
In fact, the problem is so common that for the past several years, there is a Tokyo based in Tokyo Legalin Technologies There is an open door to this market: The company claims that its AI contract review software for legal teams is used today by 7,000 organizations in Japan, the United States and the UK, and it leads to the Japanese market, in which 25 % of all government companies in the country use their platform.
Legalon’s AI contract review tool, ReviewIdentifies the risks and recommends amendment based on the playbox made by lawyers, and the legal standards of each user. The company claims that while improving quality and accuracy, review times decrease by 85 %.
However, success has not angered legal ambitions. The company now wants to developed the AI agent’s tools to go with its software, and recently collected the million 50 million to do so.
The Series C -Funding Round is led by Goldman Sax Growth Equity Fund, and saw the participation of the current Investor World Innovation Lab (WIL). New investor Mori Hamada and Mitsumoto (a legal firm in Japan), Mizoho Bank, and Shoko Chowkan Bank also invested.
Although a lot of new cash is being dedicated to producing more AI agent’s products, the company is also increasing efforts to go to its market in the United States and the UK, where it says its business has increased fourfold over the past one year.
Legalon refuses to disclose her diagnosis.
Taxkarnch event
San Francisco
|
October 27-29, 2025
In 2017, two former corporate lawyers were established by Nozomo Sonoda and Masatka Ogassawara, the legal purpose is to resolve time to and after the agreement of the agreement, such as organizing legal applications and automating the agreement management.
According to Daniel Lewis, the world’s CEO of Legalon, the company stands by the legal tech startups army using AI thanks to its foundation in Attorney Draft, expert legal material. They say the base legislates as unlike other tools that rely on consumers to make rules from the beginning, or use ordinary AI models that lack the health required for legal work.
Lewis said, “Our point of view ensures that the contract reviews are associated with real legal standards, making the production more accurate, permanent and legal teams. In addition, we have more than 50 attorney -built playboxes, smooth integration in existing workflows, and we work out.”
Just last week, Startup launched another tool: The matter administration Helps legal teams to track contract requests, assign owners, connect matters to relevant individuals and documents, and cooperate with other departments.
The company has also targeted a non -equitty tech partnership with Openi, which legally provides access to the advanced GPT maker’s advanced large language models.
Lewis explained, “This is a technical cooperation.” This gives us access to their latest models, and it is in a position to work with our engineers in a way with Open engineers. Therefore, in this regard, it will advance the purpose of building agents of the cutting edge (AI) using tremendous technology, but our proprietary legal content and expertise will be forced on the basis of this. “
The AI Revolution is proving to be a widespread tail wind for legal tech startups worldwide. In June, the Harvey AI received $ 300 million in series e -funding, which raised its price to $ 5 billion, and last year, Cleo also collected $ 300 million, reached the price of $ 3 billion.
But even when the Generative AI changes the legal industry, Lewis does not think he will replace the lawyers. “So far, technology is not there, and it is not our vision to replace lawyers,” he said. “Lawyers are still on the driver’s seat. Today, things that cannot be done today, according to praise, are the only things that people can do.
The total capital of the Series C. Legalon has reached more than $ 200 million. Its investors include the Soft Bank Vision Fund, HSG (previously known as Sequative Capital China), Japanese Venture Capital Firm Jufko, and MUFG Bank.