About Litera
Litera is a Professional & Legal Services company based in Chicago (United States) founded in 1995, and was acquired by K1 Investment Management in September 2016. Software solutions are provided for document-intensive organizations. It operates on a SaaS (Software-as-a-Service) and Professional Services model. The company was acqui-hired. Litera offers products and services including Litera One, Draft Pro, and pdfDocs. Its focus areas include Technology, Legal Tech and Document Management. Its competitors include Lawyaw, Omtool and Ontellus; 1 of its 3 listed competitors has raised funding.
Company details
Legal technology solutions are offered by Litera to empower professionals with tools for efficiency and clarity. Services are focused on document management, drafting AI, and workflow automation for law firms and corporate legal teams. Sectors served include small, large, and global law firms, as well as in-house legal departments. Innovative AI-driven solutions are integrated to address complex legal challenges and improve client outcomes across jurisdictions.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsProfessional & Legal Services
- Email••••••••
- Phone•••• ••••
- Website microsystems.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by K1 Investment Management (Sep 2016)
- Legal Name Litera
- InvestorsFinancial Investments Corporation
& 1 more
- Acquired byK1 Investment Management
(Sep 2016)
Products & Services of Litera
Litera offers a comprehensive portfolio of products and services, including Litera One, Draft Pro, and pdfDocs.
Legal workflows are streamlined by integrated AI technology.
Document drafting is enhanced with AI-powered automation tools.
PDF documents are managed for efficient legal filing.
Apps and channels of Litera
its YouTube channel Litera has 1.62K subscribers and 30 videos.
Videos from Litera
The most watched videos on Litera's YouTube channel, Litera (1.62K subscribers). Click a video to play it here.
More on Litera.
Funding Insights of Litera
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Litera 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 |
|---|---|---|---|---|---|
| Oct 2012 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Litera
Litera has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Financial Investments Corporation and K1 Investment Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital and strategic support are provided for company growth. | ficcep.com | Chicago, United States | ||
K1 Investment Management is focused on enterprise software investments. | k1im.com | Manhattan Beach, United States |
Investor details for Litera
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Litera
3 dated milestones of Litera across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Litera is founded.
- Funding First funding round.
- Exit Acquired by K1 Investment Management.
Competitors of Litera
Litera has 3 listed competitors in our database, 1 of them funded. They include Lawyaw, Omtool and Ontellus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lawyaw.com | 2016 | San Francisco, United States | $120,000 | Legal document assembly and automation software for templates is provided. | ||
| omtool.com | 1996 | Andover, United States | 448 | Cloud-based document management software is provided for capture and archiving. | ||
| ontellus.com | 1975 | Houston, United States | Records retrieval services for insurance claims and litigation are provided. |
Detailed competitors of Litera
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 Litera
Websites that share an audience with Litera (microsystems.com).
Websites whose visitors overlap most with Litera. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| retailsolutions.com | 69% | View details |
Top companies in Legal Tech
3 companies that operate in the same segment as Litera (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |||
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 |
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Related news about Litera
Complete news archive for Litera
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Litera
Litera was founded in 1995 and raised its 1st funding round 17 years after it was founded.
Litera is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Legal technology solutions are offered by Litera to empower professionals with tools for efficiency and clarity. Services are focused on document management, drafting AI, and workflow automation for law firms and corporate legal teams. Sectors served include small, large, and global law firms, as well as in-house legal departments. Innovative AI-driven solutions are integrated to address complex legal challenges and improve client outcomes across jurisdictions.
Litera offers Litera One, Draft Pro, and pdfDocs.
Litera has 2 investors. Key investors include Financial Investments Corporation, and K1 Investment Management.
Litera operates through Litera.
Yes. Litera was acquired by K1 Investment Management in September 2016.