Vault facilitates a number of high value drafting use cases, including:

Development of a clause library: Vault caegorizes all clauses and definitions from your document repository, allowing for search and retrieval of relevant information. Any clause can easily be dropped into a contract during drafting.

Semantic Search across clauses: Vault allows for easy search across existing clauses and recommendations. AI-based recommendations enable consistent contracts across a firm or organization. Find and sort by similarity to insert the most relevant provisions, clauses or definitions.

Identification of 'Gold Standard' clauses: firm-approved precedent clauses can be easily found in seconds, ensuring a consisten level of excellency.

Definely is a London-based startup (founded 2017) that helps lawyers draft, proofread, and digitize legal documents. Using AI, its technology has helped both firms and in-house legal teams maximise efficiency and remove bottlenecks.

Funding Information:
Definely has raised a total of £8.7M ($10.8M) in funding over 6 rounds. Their latest funding of £585,000 was raised on Jul 31, 2024 from a Grant round from Innovate UK.