About LegalSifter
LegalSifter is a Professional & Legal Services company based in Pittsburgh (United States) founded in 2013. AI-powered platform for contract review and analytics. LegalSifter has raised $13.97 million across 9 funding rounds from investors including Carnegie Mellon University, Carrick Capital Partners and Cypress Growth Capital. The company has 38 employees. LegalSifter has completed 2 acquisitions, including Akorda and Contract Logix. LegalSifter offers products and services including AI-Powered Software, Contract Templates, and CLM Platform. Its focus areas include Enterprise Applications, Legal Tech, Legal Contract Management and Contract Lifecycle Management. Its legal entity is LEGALSIFTER, INC. Its competitors include LexCheck, Terzo and Document Crunch; 3 of its 3 listed competitors have raised funding.
Company details
LegalSifter was established in 2013 in Pittsburgh, United States, within the legal technology sector. A platform is operated that employs artificial intelligence to examine contracts, extract data from textual content, and identify key provisions. Services focus on analytics to support document management and information derivation for legal professionals. Operations are centered in the U.S., with the domain legalsifter.com facilitating access.
- Headquarters Pittsburgh, United States
- Employees 38
- SectorsProfessional & Legal Services
- Website legalsifter.com
- Social LinkedIn X Facebook YouTube
- Legal Name Legalsifter, Inc.
- Total Equity Funding$13.97M (USD)
in 9 rounds
- InvestorsCarnegie Mellon University
& 5 more
- Employee Count38
- Investments & AcquisitionsAkorda
& 1 more
Products & Services of LegalSifter
LegalSifter offers a comprehensive portfolio of products and services, including AI-Powered Software, Contract Templates, and CLM Platform.
AI software for reviewing and identifying legal concepts in contracts.
Pre-built templates for creating and negotiating standard contracts.
Platform for organizing and extracting data from signed contracts.
Funding Insights of LegalSifter
LegalSifter has successfully raised a total of $13.97M across 9 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 $13.97M
- Total Rounds 9
- Investors Count 6
All 9 funding rounds of LegalSifter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | Series A | – | Carrick Capital Partners | – | |
| Oct 2020 | $3.25M | Series A | – | Cypress Growth Capital | – |
| Oct 2019 | $1.2M | Series A | – | – | – |
| Nov 2018 | $3.01M | Series A | – | Birchmere Ventures | |
| Dec 2017 | $1.86M | Seed | – | Birchmere Ventures | – |
| Jan 2017 | $300,030 | Seed | – | – | – |
| Sep 2016 | $2.76M | Seed | – | Birchmere Ventures | – |
| Mar 2016 | $1.6M | Seed | – | – | – |
| Jul 2014 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in LegalSifter
LegalSifter has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Carnegie Mellon University, Carrick Capital Partners and Cypress Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm invests in the US | carrickcapitalpartners.com | San Francisco, United States | ||
Non-dilutive growth capital is provided by Cypress Growth Capital. | 2010 | cypressgrowthcapital.com | Dallas, United States | |
US focused early-stage VC firm investing in tech & life sciences start-ups | birchmerevc.com | Pittsburgh, United States | ||
| bluetreealliedangels.com | ||||
| activexit.com | ||||
University offers multiple courses across engineering and business mangement | 1900 | cmu.edu | United States |
Investor details for LegalSifter
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
People of LegalSifter
9 people are tracked at LegalSifter (4 in leadership, 5 in team); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
Eben Adams | VP - Enterprise Growth | Leadership |
Lisa Treanor | Vice President, Growth | Leadership |
Ken Adams | Head Of Adams Contracts, A Division Of Legalsifter | Leadership |
Reg Weatherly | Co-Lead and VP of ContractSifter Service Unit at LegalSifter, Inc. | Leadership |
Jason W. | Growth, Mid-Markets | Team |
Christian Draper | Contract Attorney | Team |
Whitney Winokur | Demand Generation Manager | Team |
Mariela Isaacura | Senior Product And Project Manager | Team |
Adam Eisenberg | Sifting Solutions Manager | Team |
Complete people profiles for LegalSifter
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by LegalSifter
LegalSifter has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Akorda and Contract Logix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online contract management software is provided for enterprises. | contractlogix.com | Chelmsford, United States | 2008 | Oct 2024 | •••• | |
Legal contracts are managed and reviewed via AI-powered software. | akorda.com | San Francisco, United States | 2006 | Sep 2023 | •••• |
Complete acquisition details for LegalSifter
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of LegalSifter
5 dated milestones of LegalSifter across 11 years, from founding to its latest funding, stage changes and deals.
- Founded LegalSifter is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
- Acquisition Acquires Akorda.
- Acquisition Acquires Contract Logix.
Competitors of LegalSifter
LegalSifter has 3 listed competitors in our database, 3 of them funded. They include LexCheck, Terzo and Document Crunch.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lexcheck.com | 2015 | New York, United States | $25M | AI-enabled contract review and analytics are provided by the platform. | ||
| terzo.ai | 2020 | Los Angeles, United States | $19.2M | 54 | Cloud and AI based contract analytics software | |
| documentcrunch.com | 2018 | Atlanta, United States | $37.1M | Legal contract review is enabled by an AI-powered platform. |
Detailed competitors of LegalSifter
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of LegalSifter
The website of LegalSifter (legalsifter.com) receives about 8.3K visits a month.
- Monthly visits8.3K
▲ 4.3% vs previous month
Websites whose visitors overlap most with LegalSifter. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
adamsdrafting.com | adamsdrafting.com | 100% | #721,234 | – | |
| smiaware.com | 98% | 2.5K | #6,771,674 | View details | |
| summize.com | 96% | 22.3K | #979,059 | View details | |
acc.com | acc.com | 96% | #261,668 | – |
Top companies in Legal Tech
3 companies that operate in the same segment as LegalSifter (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered legal research assistance is provided to law firms. | 2022 | San Francisco, California, United States | USD 1.82 B | 1,840 | ||
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M |
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Related news about Legalsifter
Complete news archive for LegalSifter
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Frequently Asked Questions about LegalSifter
LegalSifter was founded in 2013 and raised its 1st funding round 1 year after it was founded.
LegalSifter is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
LegalSifter is a funded company, having raised a total of $13.97M across 9 funding rounds to date.
LegalSifter has 38 employees.
LegalSifter was established in 2013 in Pittsburgh, United States, within the legal technology sector. A platform is operated that employs artificial intelligence to examine contracts, extract data from textual content, and identify key provisions. Services focus on analytics to support document management and information derivation for legal professionals. Operations are centered in the U.S., with the domain legalsifter.com facilitating access.
LegalSifter's top competitors include Document Crunch, Terzo and LexCheck.
LegalSifter offers AI-Powered Software, Contract Templates, and CLM Platform.
LegalSifter has made 2 acquisitions, including Akorda, and Contract Logix.
LegalSifter has 6 investors. Key investors include Carnegie Mellon University, Carrick Capital Partners, Cypress Growth Capital, Birchmere Ventures, and BlueTree Allied Angels.
LegalSifter operates through Legalsifter, Inc..