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Newcode
Agentic AI operating system for legal workflows.
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.
Latest news
Press, funding announcements and product moves mentioning Newcode.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
Latest recorded traffic for Newcode is 6.8K monthly website visits, up 0% over the last three months.
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Investors
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
- ONOnDean
- AVAntiportfolio Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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