BlackBoiler

BlackBoiler is an innovative legal tech company that utilizes artificial intelligence to automate the contract review and markup process  for companies, law firms, and legal service providers. Their AI technology is able to learn from the edits and changes a legal team makes in contracts, and then apply these learned preferences to future contracts, essentially automating the redlining process.  Through proprietary Deep Learning and Natural Language Processing technologies, BlackBoiler's Ai-Assisted Contract Review is the first product to instantaneously review and revise contracts right in TrackChanges, just like an attorney. This enables companies, law firms, and legal services providers to leverage historical contract review work to review and redline future inbound documents in a fraction of the time.

BlackBoiler was founded in 2015 and is based in Arlington, Virginia, USA. The company is privately held, led by co-founders Daniel Broderick (who is the CEO) and Daniel V. Blynn.

Funding Information:
BlackBoiler has raised a total of $5.4M in funding over 4 rounds. Their latest funding was $1,646,824 raised in September 2021 from a Venture - Series Unknown round from Puget Sound Venture Club.