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Market Tracked raises in 2026$3.41B+$183M this week Rounds76 LatestBlue J$176M Series E Tuesday, November 10
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Draftwise

DraftWise provides an AI contract and negotiation platform that assists law firms in procuring quality contracts.

CLMUnited States

Data updated Nov 10, 2026 · From public announcements

Website
Total raised
$25M
across 2 tracked rounds
Latest round
Series A
$20M · Mar 2024
First tracked
2023
Seed
Backers
5
EarlyBird, Index Ventures

About Draftwise

In the company's own words, reviewed by The Circle Desk.

Draftwise is AI for contract drafting, review and negotiation that draws on a firm's own legal knowledge.

Product Details

From public sources. Draftwise can confirm or correct these by claiming the profile.

AI
AI native
Security
SOC 2 Type IIISO 27001GDPR
Key features
  • Contract authoring and templates
  • AI contract review
  • Obligation management
  • Negotiation and collaboration
  • Reporting and analytics
  • Microsoft integration
Headquarters
United States

Funding History

Every round we have tracked, newest first.

Open in the tracker
  1. Mar 14, 2024
    Series A$20M

    Led by Index Ventures. With Y Combinator, Earlybird Digital East Ventures.

    Read the announcement
  2. Jun 28, 2023
    Seed$5M

    Led by EarlyBird. With Orrick Herrington & Sutcliffe.

    Read the announcement

Quick Answers

What does Draftwise do?
Draftwise is AI for contract drafting, review and negotiation that draws on a firm's own legal knowledge. Legal Tech Circle lists Draftwise under CLM Systems & Workflows.
How much funding has Draftwise raised?
Draftwise has raised $25M in disclosed funding across 2 rounds tracked by Legal Tech Circle. The most recent was a Series A of $20M in March 2024, led by Index Ventures.
Who are Draftwise's investors?
Draftwise is backed by Index Ventures, Y Combinator, Earlybird Digital East Ventures, EarlyBird, and Orrick Herrington & Sutcliffe. Index Ventures and EarlyBird have led at least one round.
What are the alternatives to Draftwise?
Other CLM companies Legal Tech Circle tracks include Ironclad, Icertis, ContractPodAi, and SirionLabs. Compare them side by side on funding, investors and fit before you shortlist.
Is Draftwise SOC 2 compliant?
Yes. Draftwise lists SOC 2 Type II, ISO 27001, and GDPR.
Does Draftwise use AI?
Yes. AI is at the core of the product.
Where is Draftwise based?
Draftwise is headquartered in United States.

Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.