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Newcode

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Agentic AI operating system for legal workflows.

Oslo, NorwayFounded 2021Legal
Valuation $0–100M Latest valuation · 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 artificial intelligence company that provides an AI-native operating system designed to automate and streamline complex workflows for legal professionals. Founded in 2021 by Maged Helmy, who holds a PhD in Informatics with a specialization in Deep Learning, the company is headquartered in Oslo, Norway, with an office in Palo Alto. Helmy's background includes over eight years of experience building enterprise-grade AI systems for highly regulated environments and serving as an Associate Professor of Software Architecture.

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The company targets law firms, corporate legal departments, and public sector organizations. Its client roster includes prominent names like DLA Piper's Nordic practice and the Am Law 200 firm Robinson+Cole. Newcode's business model is centered on providing a platform that acts as an intelligence layer over a firm's existing systems, data, and applications. Rather than offering standalone AI tools, Newcode allows legal teams to define processes and outcomes, and its AI agents then handle the multi-step reasoning and execution to deliver complete work products. This approach aims to reduce unbillable hours and transform institutional expertise into operational infrastructure.

The platform's core product is an agentic AI system that supports tasks such as document review, contract drafting, legal research, anonymization, and transcription. It features products like 'Aurora' for building bespoke agentic AI workflows, 'Polaris' as a Microsoft Word add-in for drafting, and 'Nova' for document analysis. A key selling point is its deployment flexibility, offering on-premise, private cloud, or hosted infrastructure options to ensure clients maintain full control over their data. The system is designed with security and compliance at the forefront, holding SOC 2 and ISO 27001 certifications and adhering to GDPR and CCPA standards.

In March 2026, Newcode announced it had raised over $6.5 million in a seed funding round led by The LegalTech Fund and Alliance VC. This capital is intended to fund further product and engineering development, enhance enterprise deployment capabilities, and support global market expansion.

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

Latest news

Press, funding announcements and product moves mentioning Newcode.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Aug 2026 $14M $54M TheLegalTech Fund · Antiportfolio Ventures · OnDean
SEEDEquity / VC Mar 2026 $6.5M $26M Alliance VC · TheLegalTech Fund
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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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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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