About LegalFly
LegalFly is a company based in Ghent (Belgium) founded in 2023 by Gregory Vekemans, Dennis Montegnies, Kasper Verbeeck De Wael, and Ruben Miessen. LegalFly has raised $18.54 million across 2 funding rounds from investors including Redalpine, Mehdi Ghissassi and Notion Capital. LegalFly offers products and services including Review Tool, Draft Tool, Discovery Tool, Anonymisation Tool, and Custom Agents. LegalFly operates in a competitive market with competitors including Casetext, Eve, Paxton, Anytime AI and Jhana, among others.
- Headquarter Ghent, Belgium
- Founders Gregory Vekemans, Dennis Montegnies, Kasper Verbeeck De Wael, Ruben Miessen
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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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- Legal Name Legalfly B.V.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$18.54 M (USD)
in 2 rounds
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Latest Funding Round
$16.35 M (USD), Series A
Jul 15, 2024
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Investors
Redalpine
& 3 more
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Employee Count
Not available
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Products & Services of LegalFly
LegalFly offers a comprehensive portfolio of products and services, including Review Tool, Draft Tool, Discovery Tool, Anonymisation Tool, and Custom Agents.
Analyzes contracts for compliance and risks to streamline legal processes.
Generates documents based on templates for efficient legal drafting.
Enables quick selection and analysis of legal documents for queries.
Anonymises sensitive information to ensure privacy in processing.
Creates tailored AI agents for specific organisational workflows.
Integrates AI capabilities directly into Microsoft Word for ease.
Funding Insights of LegalFly
LegalFly has successfully raised a total of $18.54M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.35 million completed in July 2024. 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.
Investors in LegalFly
LegalFly has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Redalpine, Mehdi Ghissassi and Notion Capital.
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Early-stage investments are directed toward ICT and health tech startups.
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Venture capital investment in European business software companies, focusing on early-stage opportunities in London.
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Fortino Capital is focused on supporting B2B software businesses.
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Investor details for LegalFly
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by LegalFly
Investment portfolio details for LegalFly
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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Verified entity values are shown only after access is granted.
Financial Statements - LegalFly
Detailed financials for LegalFly
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Legalfly Comparisons
Peer comparison for LegalFly
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of LegalFly
LegalFly 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 Casetext, Eve, Paxton, Anytime AI and Jhana, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-driven legal research platform for attorneys is operated.
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Eve is developed as a legal AI for plaintiff firms, assisting with case management.
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Generative AI solutions are offered for legal research and drafting.
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AI based legal assistant for law firms
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Online platform providing AI-powered legal research and drafting tool
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Detailed competitors of LegalFly
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Legalfly
Complete news archive for LegalFly
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about LegalFly
LegalFly was founded in 2023.
LegalFly is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Ruben Miessen is the current CEO of LegalFly. They have also founded this company.
LegalFly is a funded company, having raised a total of $18.54M across 2 funding rounds to date.
LegalFly was founded in 2023 in Ghent, Belgium, and operates within the legal technology sector. AI-driven tools are provided for legal teams, encompassing litigation assistance, contract review, drafting, and anonymization. Risks in contracts are identified, compliance with legal standards is ensured, clauses are redrafted based on risks, and contracts are generated from initial templates. The platform supports efficient management of legal workflows.
LegalFly offers Review Tool, Draft Tool, Discovery Tool, Anonymisation Tool, and 2 more products and services.
LegalFly has 4 investors. Key investors include Redalpine, Mehdi Ghissassi, Notion Capital, and Fortino Capital.