速递|高盛领投AI法律独角兽Harvey AI竞品,总融资突破2亿美元,垂直场景Agent将合同审查效率提升85%
Z Potentials·2025-07-25 03:24

Core Insights - LegalOn Technologies has raised $50 million in Series C funding, bringing its total funding to over $200 million, with notable investors including Goldman Sachs, SoftBank Vision Fund, and others [2][3] - The company claims its AI contract review tool can reduce review time by up to 85% while improving quality and accuracy, and it is currently used by 7,000 organizations across Japan, the US, and the UK [2][3] - LegalOn aims to further develop generative AI tools to enhance its software ecosystem and has seen a fourfold increase in business volume in the US and UK over the past year [2][3] Funding and Market Position - The recent funding round was led by Goldman Sachs Growth Equity Fund, with participation from existing investors and new entrants like Mizuho Bank and others [1][2] - LegalOn holds a leading position in the Japanese market, with 25% of listed companies utilizing its platform [2] Product Development and Technology Partnerships - LegalOn has launched a new matter management system to assist legal teams in tracking contract requests and collaborating with other departments [4] - The company has formed a non-equity technical partnership with OpenAI to leverage advanced language models for its AI tools [4] Industry Context - The rise of generative AI is significantly impacting the legal tech startup landscape, with other companies like Harvey AI and Clio also securing substantial funding [4] - Despite advancements in AI, LegalOn's CEO emphasizes that AI will not replace lawyers, as human oversight remains crucial for certain legal tasks [5]

速递|高盛领投AI法律独角兽Harvey AI竞品,总融资突破2亿美元,垂直场景Agent将合同审查效率提升85% - Reportify