Casetext
AI-powered legal research platform acquired by Thomson Reuters
Product Overview
Casetext is a legal technology company founded in 2013, specializing in AI-driven legal research solutions. Its flagship product, CoCounsel, is an AI legal assistant that performs tasks such as document review, legal research memos, deposition preparation, and contract analysis, enabling lawyers to complete these tasks in minutes with reliable results. Casetext's technology is utilized by over 10,000 law firms, ranging from solo practitioners to more than 40 Am Law 200 firms, enhancing the efficiency and quality of legal practice. In June 2023, Casetext was acquired by Thomson Reuters for $650 million in cash, integrating its innovative AI solutions into Thomson Reuters' legal offerings.
Features
- AI-powered legal assistant for document review, legal research memos, deposition preparation, and contract analysis
- Trusted by over 10,000 law firms, including more than 40 Am Law 200 firms
- Enables lawyers to complete tasks in minutes with reliable results
- Acquired by Thomson Reuters in June 2023 for $650 million in cash
Funding History
Series C
$25.0MJanuary 2022
Series C
$25.0MJanuary 2022
Series B
$12.0MMarch 2017
Series A
$7.0MFebruary 2015
Seed
$1.8MSeptember 2013
Company Details
- Headquarters
- 🇺🇸 San Francisco, United States
- Founded
- 2013
- Type
- Legal Tech Vendor
- Total Funding
- $69.3M
- Funding Stage
- Acquired
- Founders
- Jake Heller, Pablo Arredondo
- Investors
- 8VC, A-Grade Investments, Avichal Garg, Ben Davenport, Box Group, BuildGroup, Canvas Ventures, Charlie Cheever, Crosslink Capital, Darian Shirazi, David Beyer, Formation 8, Hard Yaka, Ilya Sukhar, Paul Buchheit, Red Sea Ventures, Rob Emrich, SV Angel, Susa Ventures, Techammer, Tom Glocer, Touchdown Ventures, Union Square Ventures, Y Combinator, Y Combinator Continuity