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Casetext

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AI technology aiming to help increase litigator efficiency

San Francisco, United StatesFounded 2013AI
Valuation $500M–1B Last recorded · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Casetext and the history behind them.

About Casetext

Casetext is a legal technology startup that aims to revolutionize the way legal professionals conduct research and prepare legal documents. The company operates primarily in the legal services market, providing tools that streamline and automate various aspects of legal research and document preparation. Casetext serves a wide range of clients, including law firms, corporate legal departments, and individual legal practitioners.

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The core offering of Casetext is its comprehensive legal research platform, which provides access to a vast database of legal documents, including cases, statutes, rules, and briefs from all 50 states and federal jurisdictions. One of the standout features of Casetext is its advanced A.I. search capabilities, which help users find relevant legal authorities quickly and efficiently. This is particularly beneficial for legal professionals who need to conduct thorough research in a short amount of time.

In addition to its research tools, Casetext offers "Compose," a brief automation tool designed to simplify the process of drafting legal briefs. This tool leverages automation to handle repetitive tasks, allowing legal professionals to focus on more complex aspects of their work. The platform also includes features like annotations and treatment flags, which help users understand the nuances of the law more easily.

Casetext operates on a subscription-based business model, charging users a monthly fee of $65 per user when paid annually. This pricing structure is designed to be competitive with other major legal research platforms like Lexis and Westlaw, but at a more affordable rate. The company also offers a 14-day free trial, allowing potential clients to test the platform before committing to a subscription.

In summary, Casetext is a comprehensive legal research and automation platform that aims to make legal work more efficient and accessible. By leveraging advanced A.I. and automation tools, the company provides a cost-effective alternative to traditional legal research services.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
San Francisco, United States
Employees
33
Open positions
None listed
Dealroom signal
63.1/100
Industry
Legal
Sub-industry
Legal Documents Management
Sector
AI, Law Enforcement, Publishing, Publisher Tools, Core AI, Legal Research Software, Legal Tech, Generative AI, genAI Applications, Hard Tech, YC S13, DT and LS
Business model
SaaS

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jun 2023 $650M $650M Thomson Reuters ↗
LATE VCOther financing Jan 2022 $25M $100M Undisclosed —
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Casetext website traffic

Latest recorded traffic for Casetext is 54K monthly website visits, up 28.6% over the last three months. Casetext's team declined 70.5% over the past year.

Latest monthly visits54K 3-month web change+28.6% 1-year team growth-70.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

25 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed16 investors entered at this stage

Series A6 investors entered at this stage

Series B and later2 investors entered at this stage

  • Bridge Investments
  • Touchdown Ventures

Other known investors1 additional known investor

  • Thomson Reuters
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States92.9%
🇪🇸 Spain3.6%
🇲🇽 Mexico3.6%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Casetext on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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