Henchman AI
About Henchman AI
Henchman AI is a company founded in 2020 by Gilles Mattelin and Wouter Van Respaille was acquired by LexisNexis in June 2024. Henchman AI has raised $10.39 million across 4 funding rounds from investors including LexisNexis, Srslegal and Acton Capital. The company has 12 employees as of December 31, 2023. Henchman AI offers products and services including Lexis Create+ and AI Clause Assistant. Henchman AI operates in a competitive market with competitors including Box, Acquia, Conga, Automattic and M-Files, among others.
- Employees 12 as on 31 Dec, 2023
- Founders Gilles Mattelin, Wouter Van Respaille
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Sectors
Professional & Legal ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.39 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
LexisNexis
& 12 more
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Employee Count
12
as on Dec 31, 2023
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Acquired by
LexisNexis
(Jun 17, 2024)
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Products & Services of Henchman AI
Henchman AI offers a comprehensive portfolio of products and services, including Lexis Create+ and AI Clause Assistant.
Software for centralizing clauses and streamlining legal drafting processes
Assists in enriching contract data with metadata and intelligent analysis
People of Henchman AI
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Funding Insights of Henchman AI
Henchman AI has successfully raised a total of $10.39M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(05 May 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - Henchman AI | Valuation | Srslegal |
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| Mar, 2023 | Amount | Series A - Henchman AI | Valuation | Acton Capital , Conviction | |
| Feb, 2022 | Amount | Seed - Henchman AI | Valuation | Pitchdrive |
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Investors in Henchman AI
Henchman AI has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LexisNexis, Srslegal and Acton Capital.
| Investor | Description | Founded Year | Domain | Location |
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Founded Year | Domain | Location | |
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B2B SaaS companies are funded by Conviction venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Henchman AI
Financial Statements - Henchman AI
Henchman Ai Comparisons
Competitors of Henchman AI
Henchman AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Acquia, Conga, Automattic and M-Files, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| domain | founded_year | HQ Location |
Offers cloud-based video solutions tailored for the media and entertainment industry.
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Frequently Asked Questions about Henchman AI
Henchman AI was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Henchman AI is a funded company, having raised a total of $10.39M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.27M, raised on May 05, 2021.
As of Dec 31, 2023, the latest employee count at Henchman AI is 12.
Henchman AI was founded in 2020 as an AI and cloud-based platform focused on contract drafting for legal firms. Documents are classified and data is extracted through its software. Offerings include clause analytics, integration capabilities, penetration testing tools, and data fragmentation features. Real-time contract review is enabled for users, supporting operations in the legal technology sector.
Henchman AI offers Lexis Create+ and AI Clause Assistant.
Henchman AI has 13 investors. Key investors include LexisNexis, Srslegal, Acton Capital, Conviction VC, and Louis Jonckheere.