Chamelio raises $26m Series A for legal operations AI
Entrée Capital led the financing, joined by Work-Bench, Emerge and Bright Pixel Capital.
Chamelio has raised $26 million in Series A funding to develop its AI tools for in-house legal teams. Entrée Capital led the round, with Work-Bench, Emerge and Bright Pixel Capital participating.
The company helps teams handle contract drafting, negotiations, approvals and obligations. It plans to use the funding to develop its legal action model, expand its legal engineering and product teams, and improve customer onboarding.
Use of funds
Develop legal action model
Grow legal engineering and product teams
Improve onboarding technology