# Crosby

> Crosby is an AI-powered law firm that reviews business contracts - NDAs, MSAs, and DPAs - in under an hour by pairing proprietary AI agents with licensed human lawyers. It charges a fixed price per document instead of billing by the hour, carries malpractice insurance like any registered law firm, and is built for fast-growing companies whose deals get stuck waiting on legal. Founded in 2025 by Ryan Daniels and John Sarihan, Crosby has reviewed thousands of contracts for customers like Cursor, Clay, and Cartesia, and raised $85.8M total across seed, Series A, and a $60M Series B led by Lux Capital and Index Ventures.

- **Founded:** 2025
- **Headquarters:** New York, United States
- **Founders:** Ryan Daniels (Co-founder & CEO), John Sarihan (Co-founder & CTO)
- **Team size:** 72 employees
- **Products:** Contract Review, Fixed-Price Document Billing, Workflow Integrations, Negotiation Support
- **Notable:** Raised $85.8M total across seed, Series A, and a $60M Series B at a $400M valuation, Reviewed 13,000+ contracts with 400% revenue growth since October 2025, Median contract turnaround of 58 minutes

## Products & services

- **Contract Review** — AI agents plus licensed lawyers review NDAs, MSAs, and DPAs - typically in under an hour, with a median turnaround of 58 minutes.
- **Fixed-Price Document Billing** — Predictable per-document pricing (roughly $250-$1,000 per contract) instead of hourly billing, backed by malpractice insurance.
- **Workflow Integrations** — Submit contracts and legal questions via Slack, email, or CLM/CRM integration and get reviewed redlines back in the same channel.
- **Negotiation Support** — Lawyer-assisted AI handles redlining, market-terms benchmarking, and counterparty negotiation, with planned voice negotiation agents and counterparty response simulations.

## Achievements

- Raised $85.8M total across seed, Series A, and a $60M Series B at a $400M valuation
- Reviewed 13,000+ contracts with 400% revenue growth since October 2025
- Median contract turnaround of 58 minutes
- Grew negotiated contract value from $30M to over $1B in 283 days
- Backed by Sequoia, Lux Capital, Index Ventures, Bain Capital Ventures, and Elad Gil

## Latest updates

- **2026-03** — Raised $60M Series B co-led by Lux Capital and Index Ventures at a $400M valuation.
- **2025-10** — Raised $20M Series A co-led by Index Ventures and Bain Capital Ventures.
- **2025-06** — Publicly launched out of stealth with $5.8M seed led by Sequoia Capital.

## Links

- Website: https://crosby.ai
- LinkedIn: https://www.linkedin.com/company/crosbylegal
- Twitter/X: https://x.com/crosbylegal
- Instagram: https://www.instagram.com/crosbylegal

---

Profile page: https://yespress.io/crosby
Published by YesPress — https://yespress.io
Last updated: 2026-06-07