How Much Did Clearbrief Raise?
Funding & Key Investors

Clearbrief, an AI-driven legal technology company, has secured significant enterprise-level funding, with its total capital raised standing at $8.7M. The company recently announced a major strategic investment of $4M, underscoring its continued growth and market traction in the legal tech sector. This latest financing round follows previous funding rounds, indicating a steady progression in its development and scaling efforts.

What is Clearbrief?

Clearbrief
SoftwareLegal Solutions

Based out of Seattle, WA, Clearbrief is an AI-driven legal technology company and legal writing management software provider. The company leverages artificial intelligence to enhance legal documentation and streamline the writing process for legal professionals. Its platform aims to improve the accuracy, efficiency, and quality of legal writing, addressing a critical need within the legal industry for advanced technological solutions. The substantial capital infusion suggests strong investor confidence in Clearbrief's innovative approach and its potential to disrupt the legal tech market.

How much funding has Clearbrief raised?

Clearbrief has raised a total of $8.7M across 3 funding rounds:

2021

Angel/Seed

$1.2M

Angel/Seed

$3.5M

2024

Other Financing Round

$4M

Angel/Seed (2021): $1.2M with participation from Madrona Venture Group, Sequoia Capital, and Mark Britton

Angel/Seed (2021): $3.5M led by Lata Setty, Reign Ventures, Jack Newton, Judge Kate Vaughan, Amy Weaver, Hadi Partovi, and Court Lorenzini

Other Financing Round (2024): $4M supported by Reign Ventures, How Women Invest, and Authentic Ventures

Key Investors in Clearbrief

Madrona Venture Group

Madrona Venture Group, a venture capital firm established in 1995, specializes in investments across consumer internet, commercial software, and services, indicating a strategic interest in Clearbrief's technology sector.

Sequoia Capital

Sequoia Capital, with a global track record of partnering with entrepreneurs to create market leaders, invests across venture, growth, and late-stage opportunities, suggesting a long-term strategic vision for Clearbrief's growth.

Reign Ventures

Reign Ventures is an early-stage investment fund focused on consumer technology and software startups, providing hands-on support to founders and aiming to cultivate innovative companies.

What's next for Clearbrief?

With the recent influx of major strategic investment, Clearbrief is poised for accelerated expansion and product development. The company's focus on AI in legal writing positions it at the forefront of technological innovation within the legal sector. Future endeavors will likely involve enhancing its AI capabilities, expanding its market reach, and potentially exploring new applications for its technology. The sustained investor backing signals a clear trajectory towards scaling operations and solidifying its position as a leader in legal technology solutions.

See full Clearbrief company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Security SoftwareSoftware
Financial SoftwareSoftware
Engineering SoftwareSoftware
Healthcare SoftwareSoftwareManufacturingMedical Devices & EquipmentMobile App Development

Frequently Asked Questions Regarding Clearbrief Financial Insights

What are the most recent funding rounds that Clearbrief has completed, and what were the funding rounds?
Clearbrief has recently completed 3 funding rounds: Other Financing Round on Jul 5, 2024, Angel/Seed on Aug 27, 2021, Angel/Seed on Mar 23, 2021.
What is the total amount of funding Clearbrief has raised to date?
Clearbrief has raised a total of $8.7M in funding to date.
How many funding rounds has Clearbrief completed?
Clearbrief has completed 3 funding rounds.
How much funding did Clearbrief raise in its most recent funding round?
Clearbrief raised $4M in its most recent funding round.
Who are the lead investors in Clearbrief's latest funding round?
The lead investor in Clearbrief's latest funding round was Reign Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Clearbrief's history?
The largest funding round in Clearbrief's history was $4M.
See more information about Clearbrief