Henchman AI - About the company
Henchman AI is an acquired company based in Ghent (Belgium), founded in 2020 by Jorn Vanysacker, Wouter Van Respaille and Gilles Mattelin. It operates as an AI and cloud based contract drafting platform for legal firms. Henchman AI has raised $10.4M in funding from investors like Srslegal, Acton Capital and Pitchdrive. The company has 9268 active competitors, including 612 funded and 539 that have exited. Its top competitors include companies like DocuSign, Salesforce and HubSpot.
Company Details
AI and cloud based contract drafting platform for legal firms. It offers software to classify and extract data from documents. Its offering includes clause analytics, integration, penetration testing tools, data fragmentation. The platform allows users to review the contracts in real time.
- Website
- henchman.io
- Email ID
- *****@henchman.io
Key Metrics
Founded Year
2020
Location
Ghent, Belgium
Stage
Acquired
Total Funding
$10.4M in 4 rounds
Latest Funding Round
Ranked
120th among 9268 active competitors
Employee Count
34 as on Sep 30, 2026
Exit Details
Acquired by LexisNexis (Jun 17, 2024)
Legal entities associated with Henchman AI
Henchman AI's acquisition details
Henchman AI got acquired by LexisNexis on Jun 17, 2024.
Click here to take a look at Henchman AI's acquisition in detail
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Henchman AI's funding and investors
Henchman AI has raised a total funding of $10.4M over 4 rounds. Its first funding round was on May 05, 2021. Its latest funding round was a Series A round on Mar 21, 2024 for $*****. 1 investor participated in its latest round. Henchman AI has 7 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Henchman AI:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2024 | 5891618 | Series A | 5297990 | 8868356 | 5222057 | 7359117 |
Mar 02, 2023 | 7372784 | Series A | 6566296 | 9125021 | 9420751 | |
Feb 17, 2022 | 6913692 | Seed | 2649974 | 9506047 | 1578908 |
View details of Henchman AI's funding rounds and investors
Henchman AI's founders and board of directors
Founder? Claim ProfileHere are the details of Henchman AI's key team members:
- Jorn Vanysacker: Co - Founder of Henchman AI and founder of 1 other company. They are also an angel investor in 9 startups.
- Wouter Van Respaille: Co-Founder & CTO at Henchman of Henchman AI and founder of 1 other company. They are also an angel investor in 3 startups.
- Gilles Mattelin: Co-Founder of Henchman AI. They are also an angel investor in 10 startups.
View details of Henchman AI's Founder profiles and Board Members
Henchman AI's employee count trend
Henchman AI has 34 employees as of Sep 26. Here is Henchman AI's employee count trend over the years:
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Henchman AI's Competitors and alternates
Top competitors of Henchman AI include DocuSign, Salesforce and HubSpot. Here is the list of Top 10 competitors of Henchman AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DocuSign 2003, San Francisco (United States), Public | Provider of electronic signature and intelligent agreement management platform solutions | $520M | 88/100 | |
2nd | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
3rd | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
4th | Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 85/100 | |
5th | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 85/100 | |
6th | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
7th | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
8th | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 78/100 | |
9th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
10th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
120th | Henchman AI 2020, Ghent (Belgium), Acquired | AI and cloud based contract drafting platform for legal firms | $10.4M | 53/100 |
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Henchman AI's Investments and acquisitions
Henchman AI has made no investments or acquisitions yet.
Reports related to Henchman AI
Here is the latest report on Henchman AI's sector:
News related to Henchman AI
Media has covered Henchman AI for 1 event in last 1 year.
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Lexis Acquires Henchman To Meet “One Of Customers’ Top Requests” – Searchable Internal DataLegaltechnology•Jun 03, 2024•Henchman AI, LexisNexis
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Henchman Sets New Precedent for Legal Documents After Raising £6 Million Series a to Drive the Development of Its Intelligent Contract Drafting SoftwareFintech Finance•Mar 02, 2023•Henchman AI, Conviction, Acton Capital, Adjacent and 3 others
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Henchman KM-Driven Drafting Tool Bags €2m Seed FundingArtificial Lawyer•Feb 17, 2022•Henchman AI, Pitchdrive
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