About Legal Tech sector in United States
The Legal Tech sector in United States comprises 4.33K companies, including 801 funded companies having collectively raised $16.1B in venture capital money and private equity. Out of these, 473 are Series A+ funded, and 12 have achieved unicorn status.
Legal Tech sector in United States has seen 300 acquisitions and 20 IPOs. This represents almost 7.4% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.
This sector includes technology solutions for Law firms and Corporate Legal Departments.
Legal Tech sector is also known as Legal technology.
Legal Practice Management, eDiscovery, Lawyers' Marketplace, Dispute resolution platforms, legal contract management, legal research, legal consultation and Intellectual Property Management are included in this sector. Legal firms and Managed Service Providers are excluded.
Top Legal Tech Companies in United States
There are 4,327 Legal Tech startups in United States which include LegalZoom, Harvey, Sirion, Disco, Spotdraft. Out of these, 801 startups are funded, with 473 having secured Series A+ funding, and 12 achieving unicorn status.
2026 has seen the creation of 133 Legal Tech startups in United States. Over the past 10 years, an average of 199 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Harvard University, Stanford University and University of California (Los Angeles).
Here is the list of top Legal Tech startups in United States
1. LegalZoom
Provider of online legal services including business formation and estate planning. The company offers services such as forming limited liability companies and corporations. It also provides assistance with trademark registration, copyright, and patents. Additionally, the company offers estate planning services, including wills, trusts, and power of attorney documents.
Key facts about LegalZoom
- Founded Year: 2001
- Location: Glendale (United States)
- Stage: Public
- Total Funding till date: $66M
- Investors: Kleiner Perkins, IVP and 18 Others
- Latest Funding Round: Series B, Apr 28, 2011, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 118 Competitors
2. Harvey
Provider of an AI software for legal and professional services. It allows users to ask question in natural language, and the AI generates answers based on user speicifications. The AI performs research to find relevant case law, statutes, and regulations to support legal arguments. It offers services including legal research and analysis, contract analysis, litigation support, regulatory compliance, and more.
Key facts about Harvey
- Founded Year: 2022
- Location: San Francisco (United States)
- Stage: Series H
- Total Funding till date: $1.82B
- Investors: Sequoia Capital, Kleiner Perkins and 27 Others
- Latest Funding Round: Series H, Aug 28, 2026, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 959 Competitors
3. Sirion
AI-powered contract lifecycle management platform. The company focuses on AI-native solutions that automate contract storage, drafting, negotiation, obligation tracking, and analytics. The platform provides a legal contract lifecycle management software and a CLM tool that allows users to create, measure, analyze, and manage contracts. It also offers solutions such as procuremet, sales, finance, legal operations, and more. It also provides a cloud-based repository to store the data. It includes a contract review feature to identify deviations in the contracts.
Key facts about Sirion
- Founded Year: 2012
- Location: Salt Lake City (United States)
- Stage: Acquired
- Total Funding till date: $171M
- Investors: Peak XV Partners, Brookfield Asset Management and 16 Others
- Latest Funding Round: Series D, Jan 03, 2023, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 8 of 5,457 Competitors
4. Disco
Provider of AI-powered software and services for legal discovery processes. It offers solutions for document review, legal hold management, and case building. The software aims to streamline legal processes and address discovery challenges. Services include forensic services, managed document review, and enterprise managed services.
Key facts about Disco
- Founded Year: 2012
- Location: Houston (United States)
- Stage: Public
- Total Funding till date: $195M
- Investors: Georgian, Bessemer Venture Partners and 6 Others
- Latest Funding Round: Conventional Debt, Dec 17, 2020, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 1 of 177 Competitors
5. Spotdraft
AI-powered contract lifecycle management solution for companies. It streamlines the drafting, signing, and management of contracts for businesses. The platform offers a shared space to review, redline, and finalize contracts. It provides a repository that allows users to consolidate and store contracts. Its analytics feature provides insights into the contracting process and supports the decision making process.
Key facts about Spotdraft
- Founded Year: 2017
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $113M
- Investors: Premji Invest, Angel List and 56 Others
- Latest Funding Round: Series B, Jan 27, 2026, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 11 of 5,457 Competitors
Companies founded year-on-year in the Legal Tech sector in United States
133 new startups have been founded so far in 2026 in the Legal Tech sector in United States. 317 Legal Tech startups in United States were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 133 |
2025 | 158 |
2024 | 166 |
2023 | 258 |
2022 | 124 |
2021 | 158 |
2020 | 317 |
2019 | 258 |
2018 | 245 |
2017 | 177 |
Stage-wise distribution of Legal Tech sector companies in United States
Out of the total 4,327 Legal Tech companies in United States, 801 have secured funding. Among them, 473 have reached Series A or higher, and 379 to Series B or beyond.
Founded - 4,327
Funded - 801
Series A+ - 473
Series B+ - 379
Series C+ - 351
Company Stage | No. of companies |
|---|---|
Founded | 4,327 |
Funded | 801 |
Series A+ | 473 |
Series B+ | 379 |
Series C+ | 351 |
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Funding Trends in the Legal Tech sector in United States
Total funding year-on-year in the Legal Tech sector in United States
The Legal Tech sector in United States saw a total funding of more than $12.4B in the last 10 years. The most amount of funding was in 2025 at more than $2.92B. There has been a total funding of $1.43B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.43B |
2025 | $2.92B |
2024 | $763M |
2023 | $570M |
2022 | $1.52B |
2021 | $1.55B |
2020 | $868M |
2019 | $2.07B |
2018 | $470M |
2017 | $191M |
Recent Funding Rounds in Legal Tech in United States
In the year 2026, till September 2026, Legal Tech companies in United States have raised $1.43B in equity funding across 51 rounds.
In the same period last year (i.e. till September 2025), Legal Tech companies in United States had raised $2.06B across 75 rounds.
So, 2026 has seen a 30.61% drop in funding in Legal Tech companies in United States as compared to 2025.
Here are some recent, important funding rounds in Legal Tech companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6595 | Sep 22, 2026 | and 3 more | |
Seed | 3934 | Sep 15, 2026 | and 1 more | |
Series A | 6779 | Sep 10, 2026 | ||
Seed | 3619 | Sep 02, 2026 | ||
Series H | 2771 | Aug 28, 2026 | and 13 more |
Top Investors in Legal Tech in United States
Y Combinator is the top investor in Legal Tech companies in United States based on number of companies invested.
Here are some top investors in Legal Tech companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
New York City (United States) | ||
Washington, DC (United States) | ||
Miami (United States) |
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M&A activity in Legal Tech sector in United States
In the year 2026, till September 2026, 13 acquisitions happened in Legal Tech sector in United States. Last year, in 2025, a total of 20 acquisitions happened in Legal Tech sector in United States.
Here are some recent, important acquisitions in Legal Tech sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 08, 2026 | - | |
Business Acquisition | Sep 01, 2026 | ||
Business Acquisition | Aug 19, 2026 | ||
Business Acquisition | Aug 04, 2026 | ||
Business Acquisition | Jun 26, 2026 |
Acquisition trends in Legal Tech sector in United States
Here are the acquisition trends in Legal Tech sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 13 |
2025 | 20 |
2024 | 17 |
2023 | 19 |
2022 | 29 |
2021 | 37 |
2020 | 27 |
2019 | 19 |
2018 | 27 |
2017 | 13 |
IPOs in Legal Tech in United States
In the year 2026, till April 2026, 1 IPO happened in Legal Tech sector in United States.
Here are some recent, important IPOs in Legal Tech sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 06, 2026 | OTC Markets (OTCMKTS) | |
Apr 06, 2023 | London Stock Exchange (LSE) | |
Jul 21, 2021 | New York Stock Exchange (NYSE) | |
Jun 30, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jun 14, 2019 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most Legal Tech companies in United States
Companies founded by alumni from top colleges in the Legal Tech in United States
Most number of Legal Tech startups in United States have been founded by alumni from Harvard University, Stanford University and University of California (Los Angeles).
College | No. of companies |
|---|---|
Harvard University | 43 |
Stanford University | 43 |
University of California (Los Angeles) | 31 |
University of Pennsylvania | 27 |
Columbia University | 23 |
University of California (Berkeley) | 23 |
Harvard Business School | 19 |
Cornell University | 16 |
Yale University | 16 |
Massachusetts Institute of Technology | 14 |
Total funding in Legal Tech companies founded by alumni from top colleges in United States
In the last 10 years, Harvard University graduates' Legal Tech companies in United States have raised the most funding among top colleges. Stanford University alumni are second, and University of California (Berkeley) alumni are third.
College | Total Funding |
|---|---|
Harvard University | $1.4B |
Stanford University | $1.27B |
University of California (Berkeley) | $925M |
University of Pennsylvania | $719M |
Wharton School | $598M |
Massachusetts Institute of Technology | $377M |
McGill University | $371M |
Harvard Business School | $367M |
University of Cambridge | $293M |
Columbia University | $271M |
Top News in Legal Tech in United States
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Sirion Recognized as Technical Value Leader in CLM by The Hackett Group's Fall 2026 SolutionMapFinancial Post•Sep 24, 2026•Sirion
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RelativityOne Rebranded to Relativity aiR to Emphasize AI's Role in Legal Data IntelligenceBusinessnewsthisweek•Sep 16, 2026•Relativity Technologies
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Relativity Announces Skadden as Participant in Advanced Access Program for New AI ProductBusinessnewsthisweek•Sep 09, 2026•Relativity Technologies
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Anaqua Report Shows AI Drives Surge in Semiconductor Patent FilingsGlobeNewswire•Sep 01, 2026•Anaqua
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RelativityOne Integrates with Microsoft Copilot for Enhanced Legal AI SupportPR Newswire•Aug 31, 2026•Relativity Technologies
