Crosby
Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
Draftwise
DraftWise provides an AI contract and negotiation platform that assists law firms in procuring quality contracts.
Crosby vs Draftwise
At a Glance
| Detail | Crosby | Draftwise |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $85.8M | $25M |
| Rounds tracked | 3 | 2 |
| Latest round | Series B, $60M · Mar 2026 | Series A, $20M · Mar 2024 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Lux Capital, Index Ventures, Sequoia Capital, Bain Capital Ventures | Index Ventures, EarlyBird |
| Built for | Not disclosed | Not disclosed |
| Headquarters | US | United States |
Funding, Side by Side
Crosby rounds
- Mar 2026Series B$60M
- Oct 2025Series A$20M
- Jun 2025Seed$5.8M
Draftwise rounds
- Mar 2024Series A$20M
- Jun 2023Seed$5M
Backed by both: Index Ventures.
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, Crosby or Draftwise?
- Crosby has raised $85.8M in disclosed funding, compared with $25M for Draftwise.
- Do Crosby and Draftwise share investors?
- Yes. Index Ventures backed both.
- What is Crosby best for?
- Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
- What is Draftwise best for?
- DraftWise provides an AI contract and negotiation platform that assists law firms in procuring quality contracts.
Source: Legal Tech Circle funding data, from public announcements. Updated November 11, 2026.