Casetext

San Francisco, CA, United States Legal Technology Acquired

Casetext is an AI-powered legal research platform that uses machine learning and generative AI to provide legal professionals with advanced tools for document review, legal research, contract analysis, and deposition preparation. The company's flagship product, CoCounsel, is an AI legal assistant powered by GPT-4 that delivers legal tasks in minutes. Casetext serves more than 10,000 law firms and corporate legal departments.

Acquired

Casetext has been acquired

Acquired by Thomson Reuters August 17, 2023 $650M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2013

Total Funding

$695.8M

5 rounds

Latest Valuation

$0.65B

August 17, 2023

Funding

Total raised $695.8M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Acquisition (Thomson Reuters)

Date

August 17, 2023

Amount

$650M

Valuation

$0.65B

Lead Investors

Thomson Reuters
DateRoundAmount RaisedValuationLead Investors
August 17, 2023 Acquisition (Thomson Reuters) $650M $0.65B Thomson Reuters
January 7, 2022 Series C $25M BuildGroup
March 21, 2017 Series B $12M Canvas Ventures

Leadership

  • Jake Heller

    Co-Founder and CEO

    LinkedIn
  • Pablo Arredondo

    Co-Founder and Chief Innovation Officer

  • Laura Safdie

    Co-Founder

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