Law firms, company legal departments and similar organizations have long resisted the move into technology. This is especially true in areas that use artificial intelligence and machine learning.

More and more legal professionals are embracing AI, surveys show. Per a recent poll from legal tech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023.

In addition to supporting product development and client growth, the investment will allow the contract lifecycle manager provider enhanced access to hardware from Qualcomm, which provided the funding ...

NEW YORK, January 27, 2026--(BUSINESS WIRE)--SpotDraft, the leading AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in a strategic Series B ...

As demand grows for privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension to ...

SpotDraft Bolsters Leadership Team to Scale AI-Powered CLM Platform Globally Alon Waks named Chief Marketing Officer, Amit Sharma named Chief Financial Officer as company accelerates Americas, EMEA, ...

Add Yahoo as a preferred source to see more of our stories on Google. VCs see a rich opportunity in tools to manage the contract lifecycle. Two years ago, startups developing software that helps draft ...

New Delhi [India], September 1: Hunch Ventures, a multi-stage, sector-agnostic investment firm, has announced its successful exit from SpotDraft, an AI-powered contract lifecycle management platform.

SpotDraft's Series B funding round, spearheaded by Vertex Ventures and Trident Partners, will accelerate the company's global expansion and drive the advancement of its AI-powered product innovation.

SpotDraft, which makes an artificial intelligence-powered platform for contract lifecycle management, announced Wednesday it has raised $54 million in a Series B funding led by Vertex Growth and ...