At a Glance
| Detail | DISCO | Phaselaw |
|---|---|---|
| Category | eDiscovery | eDiscovery |
| Total raised | $192M | $2.8M |
| Rounds tracked | 5 | 1 |
| Latest round | Undisclosed, $60M · Oct 2020 | Seed, $2.8M · Apr 2025 |
| Last valuation | $785M | Not disclosed |
| Lead investors | Georgian, Bessemer Venture Partners, The Stephens Group | Pear VC, Defined, BoxGroup, Twelve Below |
| Built for | In-house teams, Large firms, Mid-size firms | Not disclosed |
| Headquarters | US | United States |
Funding, Side by Side
DISCO rounds
- Oct 2020Undisclosed$60M
- Jan 2019Undisclosed$83M
- Jan 2018Growth$20M
- Aug 2016Series C$18.6M
- Nov 2014Series B$10M
Phaselaw rounds
- Apr 2025Seed$2.8M
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, DISCO or Phaselaw?
- DISCO has raised $192M in disclosed funding, compared with $2.8M for Phaselaw.
- Do DISCO and Phaselaw share investors?
- No. None of the investors we track have backed both companies.
- What is DISCO best for?
- DISCO provides cloud eDiscovery software and review services for law firms and legal departments.
Source: Legal Tech Circle funding data, from public announcements. Updated November 11, 2026.