About Tower
Tower is a Professional & Legal Services company based in San Francisco (United States) founded in 2024 by Andy Zhang, Noah Walters, and Adam Dorfman. Tower is focused on AI-powered due diligence solutions. It operates on a SaaS (Software-as-a-Service) model. Tower has raised $125 thousand across 1 funding round from investors including Y Combinator. Its chief executive, as recorded, is Adam Dorfman. Tower offers products and services including Tower Data Room. Its focus areas include Technology, Software and Legal Tech. Its legal entity is Tower Software Labs Inc. Its competitors include Onit and Streamline; 1 of its 2 listed competitors has raised funding.
Company details
Tower is engaged in providing AI-driven data room solutions for legal workflows, particularly in due diligence processes. The company operates in the legal tech sector, offering tools for secure document storage, intelligent collaboration, and automated organization of files. Solutions provided by Tower include real-time collaboration on request lists, AI-based document analysis, and integration with existing data sources like Sharepoint and Google Drive. The platform is designed to streamline deal processes by reducing administrative overhead and enhancing data security.
- Headquarters San Francisco, United States
- Founders Andy Zhang, Noah Walters, Adam Dorfman
- SectorsProfessional & Legal Services
- Email••••••••
- Website withtower.com
- Social LinkedIn X
- Legal Name Tower Software Labs Inc.
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jun 2024
- Investors
Products & Services of Tower
Tower offers a comprehensive portfolio of products and services, including Tower Data Room.
AI-driven data room for legal due diligence.
Funding Insights of Tower
Tower has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 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.
- Total Funding $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2024)
- Investors Count 1
All 1 funding rounds of Tower 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 |
|---|---|---|---|---|---|
| Jun 2024 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Tower
Tower has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Tower
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.
People of Tower
3 people are tracked at Tower (3 in leadership).
| Name | Role | Group |
|---|---|---|
Andy Zhang | Co-Founder & CTO | Leadership |
Noah Walters | Co-Founder & Chief Strategy Officer | Leadership |
Adam Dorfman | Co-Founder & CEO | Leadership |
Complete people profiles for Tower
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Tower
2 dated milestones of Tower, from founding to its latest funding, stage changes and deals.
- Founded Tower is founded.
- Funding First funding round of $125K.
Competitors of Tower
Tower has 2 listed competitors in our database, 1 of them funded. They include Onit and Streamline.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onit.com | 2007 | Houston, United States | $215.46M | 303 | Enterprise legal workflows are automated via cloud-based management software. | |
| streamlineplan.com | 2020 | New York, United States | Streamline is recognized for AI-driven supply chain planning software. |
Detailed competitors of Tower
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 Tower
The website of Tower (withtower.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 99.4% vs previous month
Top companies in Legal Tech
3 companies that operate in the same segment as Tower (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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Frequently Asked Questions about Tower
Tower was founded in 2024.
Tower is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Adam Dorfman is the CEO of Tower, as recorded in our data. They have also founded this company.
Tower is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2024.
Tower is engaged in providing AI-driven data room solutions for legal workflows, particularly in due diligence processes. The company operates in the legal tech sector, offering tools for secure document storage, intelligent collaboration, and automated organization of files. Solutions provided by Tower include real-time collaboration on request lists, AI-based document analysis, and integration with existing data sources like Sharepoint and Google Drive. The platform is designed to streamline deal processes by reducing administrative overhead and enhancing data security.
Tower's top competitors include Onit and Streamline.
Tower offers Tower Data Room.
Tower has 1 investor. Key investors include Y Combinator.
Tower operates through Tower Software Labs Inc..