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Draftwise


Overview

With DraftWise, lawyers can access their firm's entire cumulative knowledge within seconds. DraftWise is an AI solution that empowers transactional lawyers through every stage of their process - from contract drafting to negotiation. DraftWise solution provides a full picture of your contracts, deals, and client engagements. We integrate with your firm's data sources, including the DMS, CRM, and deal databases to create a unified picture of your firm's intelligence directly inside Microsoft Word. DraftWise’s advanced search and recommendation tools enable you to find the right clause or definition and show you alternatives and reasons you may explore them. We facilitate secure, easy content sharing by promoting clause banks, and knowhow precedents. DraftWise knowledge management features help lawyers achieve greater ROI from their existing work. DraftWise is used every day, by the world's best lawyers at Vault10, AMLaw 100, Magic Circle, and Seven Sisters firms, to meaningfully understand, markup, and negotiate contracts. 

Thousands of lawyers at Vault10, AMLaw 100, Magic Circle, and Seven Sisters firms use DraftWise every day to meaningfully understand, markup, and negotiate contracts.

DraftWise is an AI solution that empowers transactional lawyers through every stage of their process - from contract drafting to negotiation. Our solution provides a full picture of your contracts, deals, and client engagements.

DraftWise integrates with your firm's data sources, including the DMS, CRM, and deal databases to create a unified picture of your firm's intelligence directly inside Microsoft Word.

DraftWise’s advanced search and recommendation tools enable you to find the right clause or definition and show you alternatives and reasons you may explore them.

DraftWise facilitates secure, easy content sharing by promoting clause banks, and knowhow precedents. Our knowledge management features help lawyers achieve greater ROI from their existing work.


Funding Information:
In March 2024, Draftwise announced a $20 million series A funding round led by Index Ventures, with participation from existing investors Y Combinator and Earlybird Digital East Ventures. 

Past funding rounds include:

  •  Jun 2023 - $5,000,000 Seed from Earlybird Venture Capital and 2 other investors
  • May 2022 - Undisclosed amount of Non Equity Assistance from Lander & Rogers
  • Apr 2021 - $400,000 Seed
  • Sep 2020 - $2,400,000 Seed from Cem Garih and 2 other investors
  • Sep 2020 - Undiscolosed amount Pre-Seed from JAD Capital
  • Aug 2020 - $150,000 Pre-Seed from Y Combinator
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HEADQUARTERS
US
LANGUAGES
English
OFFICES
US
X-Twitter
YEAR FOUNDED
2021
REGIONS SERVED
North America
Latest Funding Round
Latest Funding Round
Total Funding Amount
Total Funding Amount
Features
Smart Drafting Key Features
Clause Bank
In-Line Side Panel/Preview
Metadata Tagging
Configurable Access Rights
Artificial Intelligence Capabilities
Redlining
Version Control
Recommendations
Document Parsing
Areas of Use
TARGET AUDIENCE
Law Firms - 20-99 lawyers
Law Firms - 100-499 Lawyers
Law Firms - 500+ lawyers
TYPE OF USER
  • EXISTING CUSTOMERS
    Orrick ,
    Mishcon de Reya,
    Gunderson Dettmer,
    Katten,
    Womble Bond Dickinson
    PRACTICE AREAS
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