# LegalFly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/legalfly

- Industry: Software
- Headquarters: Ghent, Belgium
- Website: www.legalfly.ai
- Total disclosed funding: $19M
- Latest round: Series A (Jul 16, 2024)
- Investors on record: 5

## About

Founded in 2023 and based in Ghent, Belgium, LegalFly BV operates as a legal technology company that offers software-as-a-service to automate activities in the legal sector like litigation and contract review and creation. Ruben Miessen (CEO), Kasper Verbeeck (CTO), Dennis Montegnies (COO), and Gregory Vekemans (CMO) are the co-founders of the company.In July 2024, LegalFly BV raised EUR 15 million in series A funding led by new investor Notion Capital, with participation from returning investor Redalpine. Another new investor Fortino Capital also participated in the round.

The company provides its primary product, Fly, which is an AI copilot that specializes in contract review, drafting, document anonymization, and discovery. The firm’s products boast an extensive range of capabilities, encompassing over 90 document types such as share purchase agreements, software licence agreements, non-disclosure agreements, and more. Fly empowers legal professionals to identify risks, ensure compliance, validate business conditions, and redraft clauses swiftly.

The startup generates revenue through its subscription plans, which include the Barrister Bundle plan, the Counsel Collection plan, the Partner Pavilion plan, and the enterprise plan.

The organization plans to use the November 2023 funding to develop and launch more legal solutions in the market, market its AI-based legal product to new customers and expand its business operations in the US and globally.

## Funding rounds

- Series A, Jul 16, 2024, $16M — Notion Capital, Redalpine, Fortino Capital
- Seed, Dec 14, 2023, $2.2M — Atomico, Redalpine, RSI S.C.S. SICAV-RAIF

## Investors

- Atomico (https://capitalatlas.ai/funds/atomico) — Seed
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Seed, Series A
- RSI S.C.S. SICAV-RAIF — Seed
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Series A
- Fortino Capital (https://capitalatlas.ai/funds/fortino-capital) — Series A