Chamelio raises $26M Series A five months after seed as AI targets in-house law
What's the deal? Israeli-founded legal-tech startup Chamelio has raised $26 million in a Series A round led by Entrée Capital, just five months after its seed financing. Existing backers Work-BenchDealroom has a profile for this one. Try Dealroom → and Emerge VenturesDealroom has a profile for this one. Try Dealroom → joined, alongside Bright Pixel CapitalDealroom has a profile for this one. Try Dealroom →.
Why now? The raise lands as companies increasingly turn to AI to automate contract work and ease pressure on overstretched in-house legal teams. Founded in 2024 by Alex Zilberman, Gal Lellouche, and former general counsel Gil Banyas, Chamelio says its annual recurring revenue has quadrupled since the seed round.
By the numbers: Chamelio now serves hundreds of customers, including Wiz, monday.com, AppsFlyer, Socure, and Wonderful.aiDealroom has a profile for this one. Try Dealroom →. The $26 million round sits above the 92nd percentile for legal Series A rounds in the US, all-time.
What's the endgame? Chamelio's platform manages the full contract lifecycle — drafting, negotiation, approvals, and obligations. Unlike traditional systems that store documents and track processes, Chamelio says its software performs legal tasks itself, handling routine, lower-risk work autonomously while keeping lawyers involved where judgment is needed.
What's new? The company is betting AI agents will become common in corporate legal work, letting departments build agents that operate across procurement, finance, compliance, human resources, and sales. It integrates with Salesforce, Slack, and NetSuite. New funds will expand its product and legal engineering teams and develop its proprietary legal AI model.
What they're saying: "The mistake in legal AI has been assuming the future simply looks like today's lawyer with faster contractual fact-checking," said chief executive officer Zilberman. Entrée Capital General Partner Eran Bielski said the firm was drawn to "the speed at which the company was responding to customer needs."
The signal: Legal departments have become some of the fastest adopters of generative AI, pushed by rising workloads and flat headcount. Chamelio's rapid follow-on round — and quadrupled revenue — shows investors are betting that in-house legal work will run on lawyers, legal engineers, and AI agents together.
Read more: ynetnews.com
Image credit: Generated with Gemini
