Newcode.ai - About the company
Newcode.ai is a seed company based in Oslo (Norway), founded in 2021 by Maged Helmy. It operates as an AI powered legal workflow automation platform. Newcode.ai has raised $6.5M in funding from LegalTech and Alliance Venture. The company has 148 active competitors, including 18 funded and 8 that have exited. Its top competitors include companies like LexisNexis, Onit and Streamline.
Company Details
AI powered legal workflow automation platform. The platform integrates AI operations with features such as document summarization, translation, and more. The platform helps legal professionals to optimize workflow and data management capabilities. It offers a plugin to analyze the data and support the decision making process. It offers a search feature to find case laws.
Key Metrics
Founded Year
2021
Location
Oslo, Norway
Stage
Seed
Total Funding
$6.5M in 1 round
Latest Funding Round
Ranked
9th among 148 active competitors
Employee Count
26 as on May 31, 2026
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Newcode.ai's funding and investors
Newcode.ai has raised a total funding of $6.5M over 1 round. Its latest funding round was a Seed round on Mar 17, 2026 for $*****. 2 investors participated in its latest round. Newcode.ai has 2 institutional investors.
Here is the list of recent funding rounds of Newcode.ai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 17, 2026 | 3950205 | Seed | 2797378 | 3623112 | 5487658 | 3441225 |
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Newcode.ai's founders and board of directors
Founder? Claim ProfileThe founders of Newcode.ai is Maged Helmy. Maged Helmy is the CEO of Newcode.ai.
Here are the details of Newcode.ai's key team members:
- Maged Helmy: Founder and CEO, AI Engineer of Newcode.ai.
View details of Newcode.ai's Founder profiles and Board Members
Newcode.ai's employee count trend
Newcode.ai has 26 employees as of May 26. Here is Newcode.ai's employee count trend over the years:
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Newcode.ai's Competitors and alternates
Top competitors of Newcode.ai include LexisNexis, Onit and Streamline. Here is the list of Top 10 competitors of Newcode.ai, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LexisNexis 1970, Miamisburg (United States), Funding Raised | Provider of legal solutions, news, business insights, and risk management | - | 74/100 | |
2nd | Onit 2007, Houston (United States), Series D | Provider of legal operations software specializing in enterprise legal management solutions | $215M | 61/100 | |
3rd |  Streamline 2020, San Francisco (United States), Series A | Platform offering legal workflow automation software | $14M | 59/100 | |
4th | Ruli AI 2024, Austin (United States), Seed | Provider of AI-powered legal solutions | $8.2M | 58/100 | |
5th | Legl 2015, London (United Kingdom), Series B | Cloud based legal workflow automation platform | $25M | 49/100 | |
6th |  LawPro.ai 2023, Los Angeles (United States), Seed | AI powered legal workflow automation platform | - | 46/100 | |
7th | Cloud & AI-based legal workflow automation management solution provider | $6.5M | 42/100 | ||
8th | Platform offering legal workflow automation software | $8.7M | 42/100 | ||
9th | Newcode.ai 2021, Oslo (Norway), Seed | AI powered legal workflow automation platform | $6.5M | 39/100 | |
10th |  Flare 2020, Encinitas (United States), Seed | Tech enabled legal workflow automation services | - | 39/100 |
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Newcode.ai's Investments and acquisitions
Newcode.ai has made no investments or acquisitions yet.
News related to Newcode.ai
Media has covered Newcode.ai for 1 event in last 1 year.
•
Newcode Raises $6.5m + Maged Helmy InterviewArtificial Lawyer•Mar 17, 2026•Newcode.ai, LegalTech, Alliance Venture
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