When was Draftwise founded?

Draftwise was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Draftwise located?

Draftwise is headquartered in New York, United States.

How many employees does Draftwise have?

As of Jun 30, 2026, the latest employee count at Draftwise is 68.

Is Draftwise a funded company?

Draftwise is a funded company, having raised a total of $25.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 24, 2020.

When was the latest funding round of Draftwise?

Draftwise's latest funding was a $***** Series A round on Mar 14, 2024, with participation from 3 investors.

Where does Draftwise rank among its competitors?

Draftwise ranks 1st amongst 155 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Avvoka, which secured $18.7M in Mar, 2026.

Who are the top competitors of Draftwise?

Draftwise's top competitors include BriefCatch, SimpleDocs and Law Insider. Among them, Avvoka secured the most recent funding round in March, 2026.

Draftwise - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-powered legal drafting and contract review software. This software uses AI to help legal professionals access firm-wide data, precedents, and best practices directly within their word processing applications. Features include automated contract review with AI-generated redlines, instant summarization of key contract points, and comparison to term sheets. The platform is designed to streamline the contract process, improve drafting quality, and reduce administrative work. It prioritizes security and adheres to high security standards.

Website: www.draftwise.com/
Email ID: *****@draftwise.ai

Key Metrics

Founded Year

2020

Location

New York, United States

Stage

Series A

Total Funding

$25.2M in 4 rounds

Latest Funding Round

Series A, Mar 14, 2024, $*****

Investors

Y Combinator & 8 more

Ranked

1^st among 155 active competitors

Employee Count

68 as on Jun 30, 2026

Similar Companies

BriefCatch & 141 more

View Draftwise's full profile

Draftwise is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DRAFTWISE INC. CIN: 5771736 , United States, Active	Jun 22, 2020	-	12 (As on Dec 31, 2023)	-
DRAFTWISE INC. CIN: 851375881 , United States, Active	Dec 31, 1999	-	30 (As on Dec 31, 2024)	-

Draftwise has raised a total funding of $25.2M over 4 rounds. Its first funding round was on Aug 24, 2020. Its latest funding round was a Series A round on Mar 14, 2024 for $*****. 3 investors participated in its latest round. Draftwise has 9 institutional investors.

Here is the list of recent funding rounds of Draftwise:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 14, 2024	5284246	Series A	2634967	7030143	3201103	7748125
Jun 28, 2023	9942547	Seed	9744394	6280930	5969793	Orrick & 1 more
Aug 24, 2021	8641616	Seed	2144267	4540128	Mishcon	9679807

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View details of Draftwise's funding rounds and investors

The founders of Draftwise are Will Seaton, Ozan Yalti and Emre Ozen.

Here are the details of Draftwise's key team members:

Will Seaton: Chief Customer Officer of Draftwise.
Ozan Yalti: Co-Founder of Draftwise.
Emre Ozen: Co-Founder & CTO of Draftwise.
Contact Info: 1 email address

View details of Draftwise's Founder profiles and Board Members

Draftwise's employee count trend

Draftwise has 68 employees as of Jun 26. Here is Draftwise's employee count trend over the years:

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Top competitors of Draftwise include BriefCatch, SimpleDocs and Law Insider. Here is the list of Top 10 competitors of Draftwise, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Draftwise 2020, New York (United States), Series A	Provider of AI-powered legal drafting and contract review software	$25.2M	Y Combinator, Cerity Partners Ventures & 7 others	63/100
2nd	BriefCatch 2018, Mclean (United States), Series A	Cloud-based platform offering document management software for enterprise	$9.5M	TIA Ventures, Full In Partners & 3 others	60/100
3rd	SimpleDocs 2023, San Francisco (United States), Unfunded	Cloud based legal contract creation software	-	-	50/100
4th	Law Insider 2010, San Francisco (United States), Acquired	Cloud-based legal contract drafting tools provider	-	-	49/100
5th	e-gree 2020, Dover (United States), Seed	Cloud-based enterprise legal contract creation management solution provider	$1M	Impulse VC, Altair Capital & 4 others	45/100
6th	PactSafe 2013, Indianapolis (United States), Acquired	Cloud-based legal document management platform	$10.2M	Mercury Fund, Signal Peak & 6 others	43/100
7th	legartis 2017, Zurich (Switzerland), Funding Raised	Legal contract and document management software	-	Startup Autobahn, makanta & 3 others	42/100
8th	Docukart 2021, Hyderabad (India), Unfunded	Online platform for legal agreement drafting	-	-	39/100
9th	Avvoka 2015, London (United Kingdom), Series B	Developer of software for automating legal document drafting and management	$18.7M	Valhalla Ventures	39/100
10th	Edilex 1992, Laval (Canada), Acquired	Cloud based legal contract creation software	-	-	38/100