Platus - About the company
Platus is a seed company based in San Francisco (United States), founded in 2024 by Alexander Sporenberg and Felix Gerlach. It operates as an AI powered legal workflow automation platform. Platus has raised $500K in funding, with a current valuation of $*****. The company has 156 active competitors, including 18 funded and 8 that have exited. Its top competitors include companies like LexisNexis, Onit and Ruli AI.
Company Details
AI powered legal workflow automation platform. It offers tools to automate and streamline the legal workflows. It provides automation tools for signing, notarizing, and processing legal documents. It allows users to specify the requirements in natural language, and the AI generates document based on user inputs.
- Website
- platus.com
- Email ID
- *****@platus.com
Key Metrics
Founded Year
2024
Location
San Francisco, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2024
Investors
Ranked
10th among 156 active competitors
Employee Count
15 as on Sep 30, 2026
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Platus's funding and investors
Platus has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Platus has 4 institutional investors.
Here is the list of recent funding rounds of Platus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2024 | 5103 | Seed | 1146 | 1109 | 9536 | 5597 |
View details of Platus's funding rounds and investors
Platus' founders and board of directors
Founder? Claim ProfileThe founders of Platus are Alexander Sporenberg and Felix Gerlach. Alexander Sporenberg is the CEO of Platus.
Here are the details of Platus' key team members:
- Alexander Sporenberg: Co-Founder & CEO of Platus.
- Felix Gerlach: Co-Founder of Platus. Contact Info: 1 email address
View details of Platus's Founder profiles and Board Members
Platus' employee count trend
Platus has 15 employees as of Sep 26. Here is Platus's employee count trend over the years:
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Platus's Competitors and alternates
Top competitors of Platus include LexisNexis, Onit and Ruli AI. Here is the list of Top 10 competitors of Platus, 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 | - | 64/100 | |
2nd | Onit 2007, Houston (United States), Acquired | Provider of legal operations software specializing in enterprise legal management solutions | $215M | 64/100 | |
3rd | Ruli AI 2024, Austin (United States), Seed | Provider of AI-powered legal solutions | $8.2M | 58/100 | |
4th | Streamline 2020, San Francisco (United States), Series A | Platform offering legal workflow automation software | $14M | 48/100 | |
5th | Newcode.ai 2021, Oslo (Norway), Series A | AI powered legal workflow automation platform | $26.3M | 48/100 | |
6th | LawPro.ai 2023, Los Angeles (United States), Seed | AI powered legal workflow automation platform | - | 45/100 | |
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 | AI powered legal workflow automation platform | - | - | 40/100 | |
10th | Platus 2024, San Francisco (United States), Seed | AI powered legal workflow automation platform | $500K | 39/100 |
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Platus's Investments and acquisitions
Platus has made no investments or acquisitions yet.
Reports related to Platus
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