About Heretik
Heretik is a company based in Chicago (United States) founded in 2017 by David Barnes, Charlie Connor, and Andy Abbott was acquired by Relativity Technologies in August 2022.. Heretik has raised $3 million across 2 funding rounds from investors including Relativity Technologies, Corazon Capital and Chicago Ventures. Heretik operates in a competitive market with competitors including Lawgeex, LegalSifter, Kira Systems, LexCheck and Lexoo, among others.
- Headquarter Chicago, United States
- Founders David Barnes, Charlie Connor, Andy Abbott
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Sectors
Professional & Legal Services
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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
$3 M (USD)
in 2 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Dec 19, 2017
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Investors
Relativity Technologies
& 2 more
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Employee Count
Employee Count
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Acquired by
Relativity Technologies
(Aug 29, 2022)
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Funding Insights of Heretik
Heretik has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in December 2017. 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 2
- Last Round Seed — $2.4M
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First Round
First Round
(07 Jul 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Seed - Heretik | Valuation | Corazon Capital | |
| Jul, 2017 | Amount | Seed - Heretik | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Heretik
Heretik has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Relativity Technologies, Corazon Capital and Chicago Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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VC firm investing in seed stage tech companies in the US
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Founded Year | Domain | Location | |
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Cloud-based e-discovery software is utilized for document review and analysis.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Heretik
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Heretik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heretik Comparisons
Competitors of Heretik
Heretik 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 Lawgeex, LegalSifter, Kira Systems, LexCheck and Lexoo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven contract review and analytics solutions are offered.
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| domain | founded_year | HQ Location |
AI-powered platform for contract review and analytics.
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| domain | founded_year | HQ Location |
Contract analytics and due diligence software
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| domain | founded_year | HQ Location |
AI-enabled contract review and analytics are provided by the platform.
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| domain | founded_year | HQ Location |
On-demand commercial contract reviews are provided for businesses worldwide.
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| domain | founded_year | HQ Location |
Cloud and AI based contract analytics software
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Heretik
Frequently Asked Questions about Heretik
When was Heretik founded?
Heretik was founded in 2017.
Where is Heretik located?
Heretik is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Heretik?
Charlie Connor is the current CEO of Heretik. They have also founded this company.
Is Heretik a funded company?
Heretik is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jul 07, 2017.
What does Heretik do?
Heretik was founded in 2017 in Chicago, United States, within the legal technology sector. A cloud-based platform is provided for efficient contract review, utilizing machine learning algorithms. Services include document import, analysis, review, and reporting. Partnerships with Relativity and Reed Smith are maintained, alongside integrations with OneDrive, Office 365, and Intralinks. SaaS-based contract management solutions are delivered to Fortune 50 companies.
Who are the top competitors of Heretik?
Heretik's top competitors include LegalSifter, Kira Systems and Document Crunch.
Who are Heretik's investors?
Heretik has 3 investors. Key investors include Relativity Technologies, Corazon Capital, and Chicago Ventures.