Company profile: Definely
1.1 - Company Overview
Company description
- Provider of AI-powered tools for drafting, editing, and proofreading legal documents, including Definely Draft for accessing definitions and references in Microsoft Word, Definely Proof to ensure accuracy and consistency, and Definely PDF, a contract-focused reader that enables access to definitions and references in PDF documents.
Products and services
- Definely Draft: A Microsoft Word-integrated drafting product that simplifies accessing definitions and references within Word, enabling quick in-document access to defined terms and references during legal drafting
- Definely PDF: A contract-tailored PDF reader enabling users to easily access definitions and references within PDF legal contracts, supporting straightforward retrieval of defined terms and references during contract review
- Definely Proof: An AI-powered proofreading component for legal documents that checks drafts to ensure accuracy and consistency, reinforcing document quality before finalization
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Definely
Headnote
HQ: United States
Website
- Description: Provider of compliant ePayments and AR automation software for the US legal industry, delivering ABA, IOLTA, and all 50 state bar–compliant credit card and eCheck payments; AR tracking, collection efforts, and reporting; NPS client satisfaction surveys; ironclad security with encryption and PCI compliance; and reporting insights into payment funnels for firm-wide decision-making.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Datalex Software
HQ: Norway
Website
- Description: Provider of a user-friendly administration system that helps lawyers, consultants, and various professionals secure data with ease.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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LinkSquares
HQ: United States
Website
- Description: Provider of an AI-powered contract lifecycle management platform for in-house legal teams. Its advanced AI engine uses a proprietary blend of predictive and generative AI, specifically trained to excel with legal documents. Trusted by more than 1,000 customers, including DraftKings, ProPharma, Wayfair, and the Boston Celtics.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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DoProcess
HQ: Canada
Website
- Description: Provider of innovative applications and solutions for legal professionals that streamline the practice of law, enabling firms to improve profitability and client service. Used by over 15,000 practitioners to complete more than 1.4 million transactions annually in real estate, corporate and wills.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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My Legal Briefcase
HQ: Canada
Website
- Description: Provider of a software solution to assist smaller clients who require legal services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full My Legal Briefcase company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Definely
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Definely
2.2 - Growth funds investing in similar companies to Definely
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4 - Top valuation comps for Definely
4.2 - Public trading comparable groups for Definely
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