LegalOn Technologies, a Tokyo and San Francisco-based legal AI startup, has secured US$50 million in a Series E funding round, bringing its total capital raised to US$200 million.
The round was led by Goldman Sachs Alternatives, with continued backing from World Innovation Lab, Mori Hamada & Matsumoto, Mizuho Bank, and Shoko Chukin Bank. Founded in 2017, LegalOn builds AI-powered tools to streamline and improve the contract review process, helping businesses detect legal risks and offering attorney-vetted recommendations. Its platform is currently used by over 7,000 companies, including in-house legal teams and law firms.
Key Highlights
LegalOn’s tools also integrate with Slack and email platforms to track and manage contract requests, making legal operations more seamless and efficient. Looking ahead, the company plans to accelerate its expansion in the US and UK, markets with significant demand for legal tech innovation. It also aims to develop next-gen AI tools tailored for legal workflows.
In a major strategic step, LegalOn announced a new partnership with OpenAI, aimed at integrating enterprise-level legal data with cutting-edge AI to improve contract analysis, risk prediction, and decision-making within organizations.
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As legal teams face rising pressure to manage complex workflows under tighter timelines, LegalOn’s growth underscores the rapid adoption of AI in legal tech, a sector poised for transformation. This Series E funding positions LegalOn to lead the charge in redefining how legal teams operate globally.
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