# Legal Sifter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/legal-sifter

- Industry: Software
- Headquarters: Pittsburgh, US
- Website: www.legalsifter.com
- Latest round: Seed (Mar 16, 2016)
- Investors on record: 1

## About

Legal Sifter, Inc. is a US-based company that provides innovative AI-powered contract management solutions designed to streamline contract review, organization, and management for various industries.Founded in 2013 and headquartered in Pittsburgh, US, Legal Sifter, Inc. specializes in AI-driven contract solutions. The company's history includes a focus on enhancing legal operations without notable pivots or changes. Lars Mahler is the founder, contributing previous entrepreneurial experience. The latest funding round, raised on March 9, 2023, included an investment of USD 3.25 mn led by Cypress Growth Capital, bringing the total amount raised to USD 3.25 mn from eight deals.Legal Sifter, Inc. offers a comprehensive suite of AI-powered contract management solutions tailored for contract review, organization, and management. Their flagship product allows clients to efficiently review contracts in minutes. Services provided include contract creation, management, customization, and redlining, all supported by legal experts. They cater to a diverse clientele across industries such as healthcare, insurance, technology, and manufacturing, operating in North America, Europe, and Asia-Pacific, with a focus on compliance, risk reduction, and operational efficiency.Legal Sifter generates revenue through subscription-based models for its AI contract management services, with various pricing plans that offer differing levels of service from basic contract review to extensive lawyer-led support. Their B2B structure enables partnerships directly with organizations to enhance contract management efficiency and cost savings.Following the recent funding round in March 2023, Legal Sifter, Inc. plans to expand its operations and reach. The company is actively designing new products to enhance their service offerings and targeting geographical expansion into additional markets. The newly acquired funding will be utilized to facilitate these growth initiatives, positioning Legal Sifter for further development and market penetration.

## Funding rounds

- Seed, Mar 16, 2016 — Birchmere

## Investors

- Birchmere (https://capitalatlas.ai/funds/birchmere) — Seed