UK-based legaltech startup Definely has successfully raised $30 million in Series B funding, bringing its total funding to $40 million since its launch in 2020. This significant investment will fuel Definely's global expansion, particularly in the US market, and accelerate the development of its AI-powered legal tools. The company integrates directly within Microsoft Word, offering lawyers a streamlined way to access and process legal information, significantly improving workflow efficiency.
Definely's innovative approach focuses on enhancing legal professionals' productivity through AI, with its latest product, "Enhance," already delivering a 40% speed improvement for users. The company boasts over 100 clients, including prominent law firms and in-house legal teams from major corporations. This impressive client base and rapid growth underscore Definely's market traction and the potential of its technology.
