download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily.
Read previewDefinely, a London-based legal tech startup, has raised $7 million in Series A funding, the company said Wednesday.
Founded in 2020 by former colleagues at a Magic Circle law firm, Definely is a subscription product that helps lawyers read, edit, and draft legal documents through a plug-in.
Currently available through Microsoft Word, Definely uses artificial intelligence, including natural language processing, to make cross-referencing documents easier for legal professionals.
Reading legal documents can be a lengthy and complex task with phrases and terminology often scattered between different sections of contracts.
Persons:
—, Nnamdi Emelifeonwu, MacDaeid, Emelifeonwu, Definely
Organizations:
Service, Microsoft, Business, Octopus Ventures, Cornerstone VC, Zrosk Investment, Google, Atlantic
Locations:
London