Strong Market Presence DraftWise operates in the legal technology sector with a focus on AI-powered contract drafting and review, serving law firms and legal professionals, which presents opportunities to target legal and compliance departments seeking innovative contract management solutions.
Recent Funding Success With a recent $20 million Series A funding round led by Index Ventures, DraftWise is positioned for growth and expansion, making it an ideal time for sales teams to engage with the company for strategic partnerships or product integrations.
Innovative Product Launches DraftWise's recent launches of upgraded Markup review capabilities and Deal Context API demonstrate ongoing product innovation, offering potential upsell and cross-sell opportunities to existing clients interested in advanced AI contract tools.
Revenue Growth Potential The company's revenue range of $50 million to $100 million indicates a sizable market presence and growing demand, suggesting that there is significant scope for expanding within their customer base and addressing related legal tech needs.
Technology-Driven Approach Utilizing a tech stack with cloud services, data analytics, and targeted digital marketing tools, DraftWise emphasizes its commitment to technology, making it receptive to partnerships around data integration, AI enhancements, and scalable solutions for legal workflows.
DraftWise uses 8 technology products and services including Google Ads, Facebook Pixel, Visual Website Optimizer, and more. Explore DraftWise's tech stack below.
| DraftWise Email Formats | Percentage |
| First.Last@draftwise.com | 37% |
| First@draftwise.com | 13% |
| First.Last@draftwise.com | 37% |
| First@draftwise.com | 13% |
Software DevelopmentNew York, United States51-200 Employees
Draftwise helps firms produce higher quality contracts in less time by empowering every attorney with instant access to the firm’s collective knowledge. Our team combines world class engineering with big law to design a solution that puts the attorney in the drivers seat. For more information, or to schedule a demo please contact our team at contact@draftwise.com.
Company Overview
Media & News
Funding & FinancialsDraftWise has raised a total of $20M of funding over 6 rounds. Their latest funding round was raised on Mar 14, 2024 in the amount of $20M.
DraftWise's revenue is estimated to be in the range of $50M$100M
Funding & FinancialsDraftWise has raised a total of $20M of funding over 6 rounds. Their latest funding round was raised on Mar 14, 2024 in the amount of $20M.
DraftWise's revenue is estimated to be in the range of $50M$100M
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