● BREAKING — Sandstone raises $30M Series A led by Lightspeed ● Total funding hits $40M in first 18 months ● Revenue up 40x in 90 days 100+ product demos a week ● Customers: Wayfair · Grindr · Mercury · ElevenLabs ● Sequoia led the $10M seed — 20+ GCs invested ● "Legal at the pace of business" ● BREAKING — Sandstone raises $30M Series A led by Lightspeed ● Total funding hits $40M in first 18 months ● Revenue up 40x in 90 days 100+ product demos a week ● Customers: Wayfair · Grindr · Mercury · ElevenLabs ● Sequoia led the $10M seed — 20+ GCs invested ● "Legal at the pace of business"
Company Profile / Legal AI

Sandstone gives legal its own AI agents.

The AI-native operating system for in-house legal teams - built by the lawyers and consultants who lived the problem.

$40MTotal Raised
40xRevenue / 90 Days
2025Founded, New York
Sandstone logo
SANDSTONE. Photographed here as it appears on every deck a general counsel now forwards to their CFO - the wordmark of a legal department that finally moves fast.
The Scene

A contract lands in Slack at 4:57 on a Friday

It is late on a Friday, and somewhere inside a fast-growing company a salesperson has just dropped a redline into a Slack channel with the digital equivalent of a shrug. A year ago, that message would have vanished into a lawyer's inbox, waited over the weekend, and resurfaced Monday as a bottleneck with a heartbeat. Today, at the companies that run Sandstone, the request reads itself, gathers the counterparty's history, routes to the right person, and drafts a first pass before anyone has poured their coffee.

That is the small, unglamorous miracle Sandstone sells. Not a chatbot. Not another place to store PDFs nobody opens. An operating system for the in-house legal department - one that lives inside Slack, Salesforce, email, and Jira, and treats the knowledge trapped in one senior lawyer's head as the company asset it always was.

"Each piece of work depended on some bit of institutional knowledge hidden in someone's head." — Jarryd Strydom, Co-Founder

The insight sounds obvious once someone says it out loud, which is usually the mark of a good one. Legal work is rarely hard because the law is hard. It is hard because the context is scattered - who signed the last version, why the indemnity clause reads the way it does, which VP promised what to which vendor. Sandstone's bet is that whoever captures that context owns the future of in-house legal. So far, a lot of serious money agrees.

By the Numbers
$40MRaised, Seed + Series A
40×Revenue Growth / 90 Days
100+Demos Per Week
50+Tool Integrations
20+GCs As Investors
The Product

Five parts of one system

Sandstone calls itself Legal Relationship Management - a deliberate jab at the CLM tools built to store contracts rather than understand them.

01

Repository & Knowledge

Documents, companies, people, and past decisions - centralized so institutional memory outlives any one lawyer's tenure.

02

Intake & Triage

Agents that read intent, gather context, and route incoming requests from Slack, email, and Jira - no ticket form required.

03

Agentic Workflows

Redlining, drafting, and commenting handled by agents that draw on the company's own precedent, not the open internet.

04

Context Map

Every request arrives with counterparty history and relationships attached - the "who and why" behind the "what."

05

Reporting & Insights

Cycle times, risk exposure, and capacity, finally measured - so legal can prove it is no longer the bottleneck.

The Trajectory

From a name nobody knew to a $40M cap table

Cumulative capital raised, seed to Series A - roughly six months apart. (Approximate; based on announced rounds.)

$10M
Jan 2026
Seed · Sequoia
$40M
Jun 2026
Series A · Lightspeed
The Money

Who wrote the checks

$10MSeed · Jan 2026

Sequoia leads a legal-tech bet it rarely makes

A seed round with a co-signer list that reads like a legal-operations reunion: 20+ general counsels, plus angels including Okta co-founder Freddy Kerrest and Sun Microsystems co-founder Scott McNealy.

SequoiaSV AngelKearny JacksonWebb Investment NetworkMantis VCDaybreak
$30MSeries A · Jun 2026

Lightspeed doubles down five months later

The follow-on brought total funding to $40M, on the back of a 40x revenue sprint and a customer roster spanning e-commerce, media, and fintech. Sequoia returned for the round.

LightspeedSequoiaOperator PartnersSV AngelLitquidity Ventures
The Founders

Two ex-McKinsey minds and a freshman-year roommate

The kind of origin story that sounds too neat until you check the details - and they hold up.

NF

Nick Fleisher

Co-Founder & CEO

Led McKinsey's legal technology practice before deciding the better move was to build the thing he kept recommending. A Penn alum.

JS

Jarryd Strydom

Co-Founder

A practicing lawyer turned engineer, also out of McKinsey - the founder who named the problem: knowledge hidden in someone's head.

LG

Liam Germain

Co-Founder

Fleisher's freshman-year roommate at the University of Pennsylvania. The friendship predates the pitch deck by about a decade.

The Customers

Who's already inside

Fast-growth companies and Fortune 500 legal teams - the ones with the most requests and the least patience.

WayfairGrindrMercuryMasterClassCox MediaElevenLabsHypertherm
The Scene, Revisited

Back to that Friday afternoon

The redline that once died in an inbox now has a life of its own. By the time the lawyer glances at Slack, the request has been read, contextualized, routed, and drafted - and what is left for the human is the part humans are actually good at: judgment. The bottleneck did not get faster. It stopped being a bottleneck.

That is the quiet ambition behind Sandstone. Not to replace the lawyer, but to hand back the hours the old system stole - and to make sure the knowledge that used to walk out the door at 5pm on a Friday stays right where the company can use it. Legal, at last, at the pace of business.

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SANDSTONE · NEW YORK · EST. 2025 · LEGAL AT THE PACE OF BUSINESS