Unleashing the Power of AI in Law with Definely
UK-based Definely Secures $30 Million to Revolutionize Legal Procedures
Definely, an innovative legal tech company, has secured a whopping $30 million in Series B funding to ramp up its global presence and AI product development. The round was led by Revaia, alongside Alumni Ventures, Beacon Capital, and the titan of legal tech, Clio. Other early investors like Octopus Ventures, Zrosk Investment Management, The Raine Group, and Cornerstone VC also chipped in.
Definitely Where Lawyers Want to Be
Fresh-faced in 2020, Definitely was a brainchild of Nnamdi Emelifeonwu and Feargus MacDaeid, both veterans of Freshfields. The platform caters to legal professionals juggling complex, high-pressure deals. It syncs effortlessly with Microsoft Word, setting itself apart from the competition by operating within the existing system.
Revolutionizing Legal Document Management
With Definitely's cutting-edge AI product, Enhance, legal professionals can cruise through their workflows with at least a 40% speed boost compared to traditional methods. Enhance, an advanced multi-agent AI system, delegates specific tasks to specialised agents, streamlining the legal document management process.
The platform's suite includes Vault for AI-driven precedent search, Draft for smart contract review, Proof for AI-enhanced proofreading, and PDF for OCR-enabled analysis.
Co-founder and CEO Emelifeonwu breaks it down, "Our AI product, Enhance, assigns dedicated agents to specialised tasks. Definely's agentic system analyzes the task, forms a plan, and assigns agents to tackle different parts of the task."
Born out of Real-World Challenges
The founders of Definitely aren't just tech whizzes - they're seasoned lawyers who've faced the grind firsthand. Their lived experiences, especially MacDaeid's, who was diagnosed with a degenerative eye condition at 11 and battled efficiency constraints his entire career, have shaped Definitely's product from the ground up.
Triumphing in the Legal Arena
Since its debut, Definitely has enjoyed a steady influx of customers and, in 2024, tripled its annual recurring revenue (ARR) following a surge in user growth. Today, over 100 in-house legal teams and private practice firms trust Definitely, including Magic Circle and White Shoe firms like A&O Shearman, Slaughter and May, DLA Piper, and Dentons, as well as blue-chip companies such as BT Group, Deloitte, and P&O Cruises.
A Bright Future Ahead
Definitely has made a strong foothold in the US market, contributing to 30% of its revenue. The latest funding will facilitate further expansion, with key employees relocating to the East Coast, and the appointment of a US-based General Manager. The funds will also be used to cultivate new and existing products, with the goal of enhancing legal workflows even further.
The Next Leap Forward
According to Morgan Kessous, Partner at Revaia, "We're thrilled to drive Definitely's Series B, championing a company setting standards for AI-powered legal technology. This investment aligns perfectly with our belief in the transformative power of vertical AI."
While Emelifeonwu remarks, "This latest investment round is a testament to our team's dedication and our customers' trust in us. Our mission is to create human-centric solutions and harness generative AI to tackle real-world issues faced by lawyers."
With Definitely having raised a total of $40 million since its inception, its team of 84 employees is projected to surpass 100 in H2 2025. Diversity remains a priority, with 34.1% of the team ethnically diverse, 33.1% female, 14% women in tech roles, and a leadership team that's 27% female and 45% ethnically diverse.
- The innovative legal tech company, Definely, has secured funding to boost its AI product development and global presence, with $30 million raised in Series B funding.
- Definitely's cutting-edge AI product, Enhance, delegates specific tasks to specialized agents, streamlining legal document management and providing legal professionals with at least a 40% speed boost compared to traditional methods.
- Definitely's co-founder and CEO, Nnamdi Emelifeonwu, emphasizes that Enhance assigns dedicated agents to specialized tasks, analyzing the task, forming a plan, and assigning agents to tackle different parts of the task, underscoring the company's commitment to human-centric solutions and generative AI.
