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.
Updraft
Updraft develops legal document automation and contract lifecycle management software with questionnaire-based drafting, workflow automation, approvals, e-signature, reporting, and deadline tracking.
Crosby vs Updraft
At a Glance
| Detail | Crosby | Updraft |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $85.8M | Not disclosed |
| Rounds tracked | 3 | Not disclosed |
| Latest round | Series B, $60M · Mar 2026 | Not disclosed |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Lux Capital, Index Ventures, Sequoia Capital, Bain Capital Ventures | Not disclosed |
| Built for | Not disclosed | Not disclosed |
| Headquarters | US | Not disclosed |
Funding, Side by Side
Crosby rounds
- Mar 2026Series B$60M
- Oct 2025Series A$20M
- Jun 2025Seed$5.8M
Updraft rounds
No public rounds tracked yet.
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 Updraft?
- Crosby has raised $85.8M in disclosed funding, compared with no disclosed amount for Updraft.
- 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 Updraft best for?
- Updraft develops legal document automation and contract lifecycle management software with questionnaire-based drafting, workflow automation, approvals, e-signature, reporting, and deadline tracking.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.