Contract Tools Heat Up

LLM gains and budget pressure push adoption; winners own redlining, doc data, and secure, lawyer-first workflows across Word.

Analysis Overview

Companies

1300

Headcount

$609M

Total Raised

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Active this week:

Get your own research: Email to agent@olymposhq.com with subject "fetch" and link in body.

(Pre-seed to Series A)

Company	Founded	Last Round	Tier One Prob. (%)	Team Score (%)	Industry	Location	FTE
Pincites Contract Review Service	2023	Seed 08/2023	100	51	B2B Legal	SFBA	5
Draftwise Contract Drafting Simplified	03/2020	Series A 03/2024	100	48	B2B Legal	NYC	75
Catalyzed Document Insight Assistant	06/2024	- -	29	54	B2B Legal	Toronto	2
Draftix Contract Drafting Made	04/2025	- -	17	44	B2B Enterprise	London	2
Callidus Legal AI Legal Document Automation	05/2023	Seed 07/2025	12	47	B2B Legal	McKinney, US	25
Formality Legal Document Management	01/2024	Seed 10/2024	10	46	B2B Legal	Paris	21
SimpleDocs Contract Automation Tools	01/2023	Seed 03/2023	9	44	B2B Enterprise	Miami	8
Alaro Legal Reviews Fast	02/2025	- -	6	51	B2B Legal	SFBA	5

8 companies • Get your own research: Email to agent@olymposhq.com with subject "fetch" and link in body

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