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Casetext - About the company

Casetext is an acquired company based in San Francisco (United States), founded in 2013 by Pablo Arredondo. It operates as an AI-based legal research assistant. Casetext has raised $67.8M in funding from investors like SV Angel, Union Square Ventures and Crosslink Capital. The company has 428 active competitors, including 62 funded and 12 that have exited. Its top competitors include companies like Spotdraft, Relativity Technologies and Harvey.

Company Details

AI-based legal research assistant. It is an online community site for attorneys to share knowledge and services that gives users access to legal texts that annotated by attorneys. Its AI enabled platform support legal researchers to find cases. Features include drafting legal correspondence, legal research assistance, deposition outlines, contract analysis, compliance checks, and document summarization.
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Registered Address
Veslařská 169 40331 Ústí nad Labem
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Total Funding
$67.8M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
88 as on Dec 31, 2023
Exit Details
Acquired by Thomson Reuters (Jun 26, 2023)

Casetext's acquisition details

Casetext got acquired by Thomson Reuters on Jun 26, 2023 at an acquisition amount of $650M. It was facilitated by Marks Baughan.
Click here to take a look at Casetext's acquisition in detail
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Casetext's funding and investors

Casetext has raised a total funding of $67.8M over 6 rounds. Its first funding round was on Oct 2013. Its latest funding round was a Series C round on Jan 07, 2022 for $*****. 6 investors participated in its latest round. Casetext has 21 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Casetext:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 07, 2022
8449020
Series C
1015926
7331947
3760093
8435246
Mar 13, 2020
6071744
Series B
3438552
9268682
3478485
2099620
Apr 12, 2019
7780078
Series B
9468754
8264912
1908021
3797815
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Casetext's founders and board of directors

Founder? Claim Profile
The founders of Casetext is Pablo Arredondo.
Here are the details of Casetext's key team members:

Casetext's employee count trend

Casetext has 88 employees as of Dec 23. The total employee count is 63.0% more than what it was in Dec 22. Here is Casetext's employee count trend over the years:
Employee count trend for Casetext
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Casetext's Competitors and alternates

Top competitors of Casetext include Spotdraft, Relativity Technologies and Harvey. Here is the list of Top 10 competitors of Casetext, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spotdraft
Spotdraft
2017, New York City (United States), Series B
Provider of AI-powered contract management software
$113M
73/100
2nd
Logo for Casetext
Casetext
2013, San Francisco (United States), Acquired
AI-based legal research assistant
$67.8M
73/100
3rd
Logo for Relativity Technologies
Relativity Technologies
1997, Raleigh (United States), Acquired
Developer of AI-powered software for legal data management and analysis
$136M
69/100
4th
Logo for Harvey
Harvey
2022, San Francisco (United States), Series F
AI powered legal research assistant for law firms
$1.02B
67/100
5th
Cloud-based contract life cycle management software provider
$202M
67/100
6th
Logo for Epiq
Epiq
1988, Wan Chai (China), Acquired
Provider of legal and compliance services integrating people, process, and technology
-
66/100
7th
Logo for Alexi
Alexi
2017, Toronto (Canada), Series A
Developer of private artificial intelligence system for law firms
$15M
62/100
8th
Logo for BRYTER
BRYTER
2018, New York City (United States), Series B
Provider of an AI productivity suite and workflow automation platform
$90M
60/100
9th
Logo for Paxton
Paxton
2023, Portland (United States), Series A
Generative AI solutions for legal research and drafting
$28M
60/100
10th
Logo for Ivo
Ivo
2022, San Francisco (United States), Series B
AI powered legal contract review software
$77.2M
58/100
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Casetext's Investments and acquisitions

Casetext has made no investments or acquisitions yet.

News related to Casetext

lockFilter this list
Media has covered Casetext for 1 event in last 1 year.
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