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

Definely

Definely makes software that helps lawyers read, navigate and draft contracts in Microsoft Word.

Penneo

Penneo offers a European digital signing platform for managing electronic signatures, signer roles, signing order, audit trails, document archiving, and integrations for legal and business workflows.

Definely vs Penneo

At a Glance

DetailDefinelyPenneo
CategoryDoc AutomationDoc Automation
Total raised$41.3MNot disclosed
Rounds tracked4Not disclosed
Latest roundSeries B, $30M · Jun 2025Not disclosed
Last valuationNot disclosedNot disclosed
Lead investorsRevaia, Octopus Ventures, M12, CRE Venture CapitalNot disclosed
Built forNot disclosedNot disclosed
HeadquartersUnited KingdomNot disclosed

Funding, Side by Side

Definely$41.3M
PenneoUndisclosed
Definely rounds
  1. Jun 2025Series B$30M
  2. May 2024Series A$7M
  3. Sep 2021Seed-plus$3M
  4. Sep 2020Seed$1.3M
Penneo 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, Definely or Penneo?
Definely has raised $41.3M in disclosed funding, compared with no disclosed amount for Penneo.
What is Definely best for?
Definely makes software that helps lawyers read, navigate and draft contracts in Microsoft Word.
What is Penneo best for?
Penneo offers a European digital signing platform for managing electronic signatures, signer roles, signing order, audit trails, document archiving, and integrations for legal and business workflows.

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