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DraftWise

DraftWise

Private
New York City, New YorkEnterprise Softwarehttps://www.draftwise.com/

Last Round

Series A

Mar 14, 2024

Est. Valuation

$1.79M

Total Funding Raised

$25.13M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

DraftWise is a legal technology company that provides an AI-powered contract drafting, review, and negotiation platform for law firms and legal teams.

Sector

Enterprise Software

Verticals

Legal Tech, NLP & Conversational AI, Document Management, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

contract intelligencelegal techagentic AIcontract draftingAI legal assistantcontract negotiationAI copilot for lawlegal playbookdocument management systemDMSworkflow automationSaaSlegal automationAI redliningenterprise legal software

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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DraftWise Comparables

Compare DraftWise with similar companies based on industry and business-model similarity.

DraftWise comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Definely
87%
Robin
83%
LegalFly
82%

DraftWise Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMar 14, 2024
SeedJun 28, 2023
SeedAug 24, 2021
AcceleratorAug 1, 2020

Key People

Founding team and executive leadership

James Ding

Chief Executive Officer

Executive Team

DraftWise Investors

Notable investors and investment history

DraftWise investors
InvestorRounds
Global Founders CapitalSeed
Y CombinatorSeries A, Accelerator, Seed
Soma CapitalSeed
Hack VCSeed
Earlybird Venture CapitalSeed
Index VenturesSeries A
Bek VenturesSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 19, 2026

    Monthly visitors increased 42% MoM.

  • Apr 22, 2026

    Partnered with global law firm Goodwin to enhance client services.

Recent news

Latest coverage and updates

  • launchesAug 24, 2026

    Draftwise launches Legal Ontology.

  • is_developingJul 21, 2026

    DraftWise, Inc. is developing legal intelligence software.

  • promotesJul 21, 2026

    DraftWise, Inc. promoted Josh Sandman to Chief Sales Officer on Jul 21st '26.

  • hiresJul 21, 2026

    DraftWise, Inc. hired Sandman as Chief Sales Officer on Jul 1st '24.

DraftWise Filings

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DraftWise filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about DraftWise's valuation, stock price, and market status.

Is DraftWise a public or private company?

DraftWise is a private company.

What is the current stock price of DraftWise?

DraftWise is a private company with no public stock price. No recent secondary market data is available.

How much is DraftWise worth (valuation)?

Valuation information for DraftWise is not publicly available.

Can I buy DraftWise stock?

DraftWise shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was DraftWise's last funding round?

DraftWise's most recent funding round was Series A on March 14, 2024.

Who are the main investors in DraftWise?

Key investors in DraftWise include Index Ventures, Bek Ventures.

Will DraftWise IPO soon?

No public IPO plans have been announced for DraftWise.

How can I track DraftWise secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor DraftWise's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range66
Year Founded2020
Last FundingMar 14, 2024

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