Chamelio announced a $26 million Series A on September 22, led by Entrée Capital. Work-Bench, Emerge Ventures and Bright Pixel Capital also participated.
The Israeli startup develops software for corporate legal departments, including contract drafting, negotiation, approvals and ongoing obligations. Chamelio says customers can automate routine work while retaining lawyer involvement where oversight is needed. Its platform also lets legal teams build agents that interact with other business functions.
The company plans to use the financing to develop its legal action model, hire legal engineering and product staff, and improve the technology used to bring customers onto the platform. Chamelio names Wiz, monday.com and AppsFlyer among its customers, a list provided by the company.