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Newcode

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Agentic AI operating system for legal workflows.

Oslo, NorwayFounded 2021Legal
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Newcode and the history behind them.

About Newcode

Newcode is an Oslo legal-tech company building a configurable AI harness so law firms can connect firm data, contextualise knowledge across documents, create agentic workflows and retain control over models, permissions and deployment (cloud or on-prem). Founded by CEO Maged Helmy (PhD informatics / deep learning; prior enterprise AI in regulated settings), it positions itself as an intelligence layer rather than a single-purpose legal chatbot, with products spanning workflow builders, Word drafting add-ins and document analysis, and clients including DLA Piper’s Nordic practice and Robinson+Cole. After a ~$6.5 million seed in March 2026 led by The LegalTech Fund and Alliance VC, Newcode in August 2026 raised a $13.5 million Series A led by OnDean Forward, with The LegalTech Fund, Antiportfolio Ventures and Rel Labs (Relativity), bringing 2026 funding to about $20 million to expand in the US and deepen product and engineering. Sources: Artificial Lawyer 24 Aug 2026; FinSMEs / Law.com Aug 2026.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Oslo, Norway
Employees
39
Open positions
22
Dealroom signal
86.8/100
Industry
Legal
Sector
Legal, Generative AI, MLops, genAI Applications
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2026 $14M $54M TheLegalTech Fund · Antiportfolio Ventures · OnDean ↗
SEED✓Equity / VC Mar 2026 $6.5M $26M Alliance VC · TheLegalTech Fund ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Newcode website traffic

Latest recorded traffic for Newcode is 6.8K monthly website visits, up 0% over the last three months.

Latest monthly visits6.8K 3-month web change0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Seed2 investors entered at this stage

  • Alliance VC
  • TheLegalTech Fund

Series A2 investors entered at this stage

  • OnDean
  • Antiportfolio Ventures
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
12 countries with
team presence
🇳🇴 Norway31.4%
🇸🇪 Sweden14.3%
🇮🇪 Ireland11.4%
🇵🇱 Poland8.6%
🇺🇸 United States8.6%
Top 5 of 12 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Newcode 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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