Breaking
NEW YORK — DraftWise raises $20M Series A led by Index Ventures PRODUCT — Deal Table turns a firm's past deals into live market intelligence ADOPTION — Now used by over half the Vault 10 and dozens of Am Law 100 firms TRUST — SOC 2 Type II & ISO 27001 certified; client data never trains public models AGENTIC — AI Associate drafts, reviews & redlines contracts end-to-end NEW YORK — DraftWise raises $20M Series A led by Index Ventures PRODUCT — Deal Table turns a firm's past deals into live market intelligence ADOPTION — Now used by over half the Vault 10 and dozens of Am Law 100 firms TRUST — SOC 2 Type II & ISO 27001 certified; client data never trains public models AGENTIC — AI Associate drafts, reviews & redlines contracts end-to-end
Company Profile · Legal AI · Est. 2020

DraftWise

Contract drafting, reimagined with AI. Powered by the best deals. Yours.

New York, USA ~47 employees $25M raised B2B SaaS
DraftWise logo - lime green D on a dark background

THE MARK. DraftWise's lime-on-navy "D" - the icon that sits on a lawyer's Word ribbon, where the software lives all day.

The Dispatch

A law firm's smartest asset is the work it already did

Every elite law firm sits on a private library of thousands of contracts - the fallback positions, the negotiated compromises, the language a partner spent a career refining. Most of it is locked in a document management system that nobody has time to search.

DraftWise, founded in New York in 2020, built its business on a simple observation: the best precedent a lawyer can use is the precedent their own firm already wrote. Its software reads a firm's contract history, indexes it, and hands it back - inside Microsoft Word - as instant drafts, redlines, and negotiation intelligence.

The founding team is an unusual pairing. Two former Palantir engineering leaders, James Ding and Emre Ozen, who spent years moving data at national scale, joined Ozan Yalti, a Stanford Law graduate who practiced at the global firm Clifford Chance. The result is a product built by people who understand both the code and the clause.

That combination has taken DraftWise from a Y Combinator pre-seed check to a $20 million Series A led by Index Ventures - and into the workflows of over half the Vault 10 and dozens of Am Law 100 firms.

2020
Founded in NYC
$25M
Total funding
3
Continents served
100%
Runs inside Word
What It Does

Institutional knowledge, on tap

DraftWise is a contract drafting, review, and negotiation platform that runs where lawyers already work: inside Microsoft Word. Instead of pulling generic language from the open internet - the thing that makes law firms nervous about AI - it draws exclusively from an organization's own precedent, playbooks, and deal history.

A lawyer starting a new agreement gets a first draft built from the firm's best prior work. A lawyer reviewing a counterparty's contract gets an AI-generated redline based on the firm's own guidelines and negotiation history. The tedious first pass is automated; the judgment stays human.

Who uses it. Top law firms and corporate legal departments across North America, EMEA, and APAC. Named customers include Orrick, Katten, Mishcon de Reya, Chapman, Gunderson Dettmer, McGuireWoods, and Maddocks, alongside Am Law 50 firms, Fortune 500 companies, and boutique practices.

The problem it solves. Contract work is slow, repetitive, and dependent on institutional memory that walks out the door when senior lawyers retire. DraftWise captures that memory and makes it searchable for every associate on day one.

OrrickKattenMishcon de ReyaChapmanGunderson DettmerMcGuireWoodsMaddocks
"Contract drafting, reimagined with AI. Powered by the best deals. Yours."
— DraftWise, company tagline
Products & Services

One platform, from draft to deal table

01

Smart Draft

Surfaces and applies firm-specific precedent and client preferences directly in Word, keeping every draft consistent with established standards.

Since 2023
02

Markup

Generative-AI redlining that marks up contracts against a firm's guidelines and negotiation history, flagging issues and suggesting language.

Launched 2024
03

AI Associate

An agentic assistant that drafts, reviews, and marks up a contract end-to-end, searching millions of documents in parallel.

Launched 2025
04

Deal Table

Turns a firm's historical deals into live, actionable market intelligence for transactional lawyers.

Launched 2025
05

Playbook Studio

Automates the creation and activation of institutional playbooks and firm standards.

2025
06

Knowledge Console

Manages the curated knowledge, data, and permissions that power workflows - mirroring your existing DMS access controls.

2025
Why It's Different

Your data only - and it never leaves

The legal AI field is crowded - Harvey, Spellbook, Robin AI, Luminance, and the incumbents at LexisNexis and Thomson Reuters all compete for a lawyer's attention. DraftWise's wedge is narrow and deliberate: transactional drafting, grounded in a firm's own precedent, delivered inside Word.

Two things set it apart. First, it drafts from your data rather than generic content, which is why demanding Big Law partners trust it. Second, it treats security as a prerequisite, not a feature: SOC 2 Type II and ISO 27001 certified, GDPR compliant, mirroring DMS permissions, and never training public models on client data.

Where it fits in the market. DraftWise sits at the intersection of legal knowledge management and generative AI. Where older tools helped firms tag and store precedent, and newer chatbots answer general legal questions, DraftWise operationalizes a firm's history into the drafting workflow itself.

With Deal Table, it has pushed further into what it calls contract intelligence - turning a back catalog of deals into forward-looking negotiation leverage. It's a Big Law product that is now finding a second home inside corporate legal departments.

The Money

A slow-burn climb through Big Law

DraftWise raised roughly $25M across pre-seed, seed, and Series A - growing not by chasing hype, but by making a very demanding customer quietly dependent.

Pre-Seed · 2020
$150K · Y Combinator
Seed · 2023
$5M · Earlybird
Series A · 2024
$20M · Index Ventures
The Founders

Engineers who met a lawyer

JD

James Ding

Co-founder & CEO
Former Palantir engineering leader
EO

Emre Ozen

Co-founder
Former Palantir engineering leader
OY

Ozan Yalti

Co-founder & CTO
Stanford Law · ex-Clifford Chance
The Story So Far

From YC to contract intelligence

2020

DraftWise is founded in New York

Ex-Palantir engineers James Ding and Emre Ozen team up with lawyer Ozan Yalti and go through Y Combinator.

2023

$5M seed round

Earlybird Digital East Ventures leads a $5M seed round; DraftWise ships Smart Draft inside Microsoft Word.

2024

$20M Series A and Markup

Index Ventures leads a $20M Series A as DraftWise launches its generative-AI redlining tool, Markup.

2025

AI Associate and Deal Table

Agentic AI Associate and Deal Table launch, expanding DraftWise into contract intelligence across three continents.

Good Questions

The five-minute briefing

What does DraftWise do?

It is an AI platform that helps lawyers draft, review, redline, and negotiate contracts inside Microsoft Word, using a firm's own precedent, playbooks, and deal history rather than generic content.

Who founded DraftWise and when?

It was founded in 2020 by former Palantir engineers James Ding (CEO) and Emre Ozen, together with Stanford Law graduate and ex-Clifford Chance lawyer Ozan Yalti.

How much funding has DraftWise raised?

Roughly $25M in total, including a $20M Series A led by Index Ventures in March 2024, a $5M seed round led by Earlybird in 2023, and early Y Combinator backing.

Who uses DraftWise?

Top law firms and corporate legal departments across North America, EMEA, and APAC - including over half the Vault 10 and dozens of Am Law 100 firms such as Orrick, Katten, and Mishcon de Reya.

How does DraftWise handle data security?

It is SOC 2 Type II and ISO 27001 certified and GDPR compliant, mirrors a firm's document-management permissions, and never trains public AI models on client data.