Casetext
Everything you need to know about Casetext — from their $64M in funding to who's backing them.
Updated Mar 23, 2026Awaira Score
Out of 100
HQ
United States
Founded
2013
Raised
$64M
Stage
Acquired
Team
120
Valuation
$650M
Post-money
Total Raised
$64M
All rounds
Awaira Score
75/100
Founded
2013
120 employees
Awaira estimate based on public data. Not financial advice.
About Casetext
Casetext is an AI-powered legal research and document automation platform founded in 2013. The company develops software that assists legal professionals with legal research, contract analysis, and document drafting through machine learning and natural language processing technologies. Its flagship product, CoCounsel, is an AI legal assistant that helps attorneys perform legal research, due…
Is this your company? Claim it →Strengths & Risks
Strengths
Strong Awaira Score of 75/100
Growing team of 120 employees
Established market presence (founded 2013)
Analysis based on publicly available data. Not investment advice.
Market Position
Casetext is a emerging AI company in the AI Legal sector. Founded in 2013, the company is currently at the Acquired stage with a team of approximately 120 employees. With $64M in total disclosed funding, Casetext has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Legal companies on Awaira, including Ironclad and Harvey AI.
Key Numbers
Awaira Score
75/100
Valuation
$650M
Total Funding
$64M
Founded
2013
Employees
120
Stage
Acquired
Funding Velocity
3
Total Rounds
$21.33M
Avg Round Size
4.5yr
Funding Span
Casetext raised 3 rounds over 4.5 years, averaging $21.33M per round — a pace of roughly one round every 18 months.
Why Track Casetext?
With $64M in disclosed funding, Casetext is a well-capitalized player in the AI Legal segment.
Among 3 tracked competitors, Casetext ranks #4 by valuation — a metric investors and analysts use to gauge market standing.
Tracking Casetext on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Legal market.
Competitor Comparison
| Metric | ★Casetext | Ironclad | Harvey AI | Relativity |
|---|---|---|---|---|
| Awaira Score | 75/100 | 80/100 | 78/100 | 75/100 |
| Total Raised | $64M | $333M | $806M | N/A |
| Valuation | $650M | $3.2B | $8B | $3.6B |
| Stage | Acquired | Series E | Series F | Private |
| Founded | 2013 | 2014 | 2022 | 2001 |
| Employees | 120 | 400 | 200 | 1750 |
| Country | 🇺🇸 | 🇺🇸 | 🇺🇸 | 🇺🇸 |
Investors in Casetext
Funding Rounds
InactiveLed by Menlo Ventures
$36M
Jun 2021
$13M
Sep 2018
Led by Greycroft
$15M
Jan 2017
Open Positions at Casetext
View all jobs →Casetext Latest News
Compare Casetext
See how Casetext stacks up against competitors in valuation, funding, team size, and Awaira Score.
Founded Same Year (2013)
Similar by Funding Stage (Acquired)
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