At a Glance
| Detail | Covenant | Supio |
|---|---|---|
| Category | GenAI & Drafting | GenAI & Drafting |
| Total raised | $4M | $85M |
| Rounds tracked | 1 | 2 |
| Latest round | Seed, $4M · Jul 2025 | Series B, $60M · Apr 2025 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Flybridge Capital Partners | Sapphire Ventures |
| Built for | Not disclosed | Not disclosed |
| Headquarters | United States | US |
Funding, Side by Side
Covenant rounds
- Jul 2025Seed$4M
Supio rounds
- Apr 2025Series B$60M
- Aug 2024Series A$25M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Covenant or Supio?
- Supio has raised $85M in disclosed funding, compared with $4M for Covenant.
- Do Covenant and Supio share investors?
- No. None of the investors we track have backed both companies.
- What is Covenant best for?
- AI legal review tools for private-market investors (LPA review, side letters, NDAs, MFN elections).
- What is Supio best for?
- Supio makes AI software that helps plaintiff law firms organize case records and prepare for trial.
Source: Legal Tech Circle funding data, from public announcements. Updated November 12, 2026.