I honestly had no intention of talking about legal tech fundraising this week. 

I’ve already covered how legal tech funding is off to an impressive start in 2025. But then the fundraising announcements kept coming, each nearly as jaw-dropping as the last. 

So, it seems like the already-hot legal tech funding trend is only getting hotter. And just like in a game of Whac-a-Mole, when the same animal keeps popping up time and time again, you can’t ignore it. 

Perhaps more notable than the uptick in the number of funding announcements we’ve seen in the last two years is the size of the raises. A few years ago, a nine-figure fundraising announcement would have had little competition for biggest investment of the year. 

Now we’re seeing them regularly. Following major fundraising announcements out of Harvey and Eudia last week ($300 million and $105 million, respectively), LTH CEO Nikki Shaver pulled together a list of the biggest legal tech fundraising announcements since the launch of ChatGPT in November 2022. Four of the top 20 had come in 2025, and we’re not even two full months into the year. 

And mind you, even though this chart was created less than a week ago, we already need to revise it—that's how quickly things are moving. 

Just today, Luminance announced it has raised $75 million (£59m) in a Series C round, bringing its total funding over the last 12 months to more than $115 million. Meanwhile, last week, CLM platform SpotDraft announced it has raised $54 million in a Series B funding round. Both of those raises would fall in the top 10 legal tech fundraises since the world at large first learned about GenAI, bumping two other impressive investments off the chart above. 

While Clio’s $900 million Series F raise in 2024 will likely be a notable outlier for a long time to come, nine-figure investment announcements are starting to feel... normal. 

I certainly don’t have a funding crystal ball. All I know is that very little surprises me any more. And while I can’t tell you what the next big investment will be, LTH can be your source for existing funding information in legal tech. Among the new data we added to each directory listing in 2024 are individual funding rounds and total funding amount for each company listed. 

Between funding and consolidation announcements, you’re all certainly keeping our data curation team on its toes. 

And now I’ll once again attempt to take a break from writing about legal tech fundraising (until the inevitable next mega-investment, that is). 

What I’m Watching: 

Multilingual automation: Legal automation provider Gavel announced an expansion to its GenAI-powered Gavel Blueprint feature to include 60 additional languages. Users can load legal documents in their language of choice, and Gavel’s AI will generate dynamic questionnaires and rules-based logic in that language to automate the generation of these documents. 

Form meets function: Integrated Law provider Factor announced it has acquired specialist legal tech design and development agency Theory and Principle. The acquisition is part of Factor’s continued strategic shift toward offering AI-first legal solutions and enabling faster deployment of GenAI across the contracting lifecycle. 

Picture this: Visual modeling platform StructureFlow has acquired accountancy and tax visualization tool Blue J Diagramming. The move will allow StructureFlow to expand its impact across more industries, while supporting Blue J’s strategic plan to focus on its GenAI solution for tax research. 

New VC fund on the block: Thomson Reuters announced the launch of a second Corporate Venture Capital Fund, named Thomson Reuters Ventures, Fund 2, valued at $150 million. Following on the success of its $100 million VC fund launched in 2021, the new fund will focus on early-stage technology companies across several markets including legal tech. 

LegalZoom aims small: Online legal services platform LegalZoom announced the acquisition of small business services company Formation Nation. The move will help expand LegalZoom’s reach into serving small businesses and offering business formation advice.  

Law firm tech investment alert: Legal agentic AI startup Ctrl AI announced it has received a strategic pre-seed investment from UK-headquartered law firm Mishcon de Reya and its MDR Lab. Ctrl AI aims to transform how legal teams handle data-intensive tasks and high-volume activities in areas like regulated disputes, real estate services, and commercial operations. 

A new AI marketplace: CLM provider ContractPodAI announced the launch of Leah Marketplace, a platform that will allow enterprises to explore, deploy, and customize AI apps for use in legal. To date, the marketplace includes apps developed in collaboration with PwC, KPMG, Integreon, and more. 

GPT-5 is coming: In the spirit of being more transparent about OpenAI’s intended roadmap, Sam Altman announced that GPT-4.5 will be the company’s last non-chain-of-thought model. What’s more, GPT-5 is on the way and will be free for everyone via ChatGPT.