Business Overview

Acquired
Operating Status
Jan 2018
Founded
2
Employees
Software
Offering Type
Description
Bestpractix provides lawyers with an all-in-one AI-powered productivity platform for better and efficient contract work through all stages of the contract drafting process. We created the ultimate AI-powered platform to optimize and simplify the way lawyers handle contract work using proprietary machine learning and natural language processing (NLP) technologies.

Funding Rounds

1

Funding Rounds
Pre-Seed
Last Funding Series
Investors

Startup Profile Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

June 2018
Pre-Seed

Exit Events and Acquisitions

Date Announced

Transaction

Consideration

Target

Acquirer

June 2020
Acquisition
Litera

AI Technology Stack

2
AI Technologies

More Startups

STATUS
Active
STATUS
Active
STATUS
Inactive
STATUS
Inactive
FUNDING STAGE
Seed
STATUS
Active
FUNDING
$1 M
FUNDING STAGE
Pre-Seed
STATUS
Public
FUNDING
$4.2 M
STATUS
Inactive
FUNDING
$0.11 M
FUNDING STAGE
Pre-Seed
STATUS
Active
FUNDING
$5 M
FUNDING STAGE
Seed
STATUS
Inactive
STATUS
Active
STATUS
Active
STATUS
Active
STATUS
Active
FUNDING
$41.8 M
FUNDING STAGE
Series C
STATUS
Acquired
STATUS
Active

Startup Snapshot

Operating Status
Acquired
AI Team Size
0
Total Funding
$0 Million
Founded
January 2018
Funding Stage
Pre-Seed
Time Since Last Funding Round
3 years

Competitors

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Fundraising Contact

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