Chamelio secures $26M in recent funding round to replace legacy CLM with AI-native in-house legal operations
Chamelio, the AI-native platform for in-house legal teams, announced it is receiving $26 million in a Series A round, enabling the company to further develop its proprietary legal action model, grow its legal engineering and product teams and invest further in onboarding technology.
The funding round was led by Entrée Capital, with participation from existing investors Work-Bench and Emerge Ventures. Bright Pixel Capital also participated. Chamelio boasts hundreds of customers, including Wiz, monday.com, Socure, AppsFlyer, and Wonderful.ai.
Most in-house legal teams are still relying on legacy Contract Lifecycle Management (CLM) software built to store contracts, not analyze or act on them, with the painstaking additional work falling on the same number of overburdened teams, according to the company.
The legal sector has adopted AI faster than almost any other profession. Chamelio enables the legal teams to delegate the tedious manual labor of contract review to autonomous agents, laying the groundwork for a completely different in-house composition of the future, consisting of both lawyers and AI agents, said the vendor.
Chamelio is an AI-native legal platform for in-house teams that manages and executes the full contract lifecycle, from drafting and negotiation to approvals, obligations, and ongoing legal workflows.
It drafts from a company’s own contracts, reviews and negotiates terms, routes requests, manages obligations, and executes multistep legal workflows. Customers can deploy it autonomously for routine, low-risk work or keep a lawyer in the loop where oversight is needed.
By handling routine tasks and decisions independently and escalating only the edge cases that require human judgment, Chamelio shifts the in-house lawyer’s role from labor-intensive execution to strategic oversight and judgment, said the vendor.
Chamelio also allows legal teams to easily build their own agents which support and interact with multiple functions across the organization, from procurement to finance, product to people, compliance to sales, helping scale and amplify legal capabilities for enterprise in the AI era.
"The mistake in legal AI has been assuming the future simply looks like today's lawyer with faster contractual fact-checking," said Alex Zilberman, CEO and co-founder of Chamelio. "AI in a legal setting shows dividends when it can make decisions intuitively, built on the corporate intelligence of each individual business. This is what Chamelio does. We ensure in-house legal departments deliver watertight contracts and outputs at AI speed, validated by the rigor of lawyers."
Chamelio’s platform integrates with CRMs such as Salesforce, as well as other tools such as Slack, NetSuite, and procurement systems. Every deployment from Chamelio’s platform contains access to dedicated legal engineering expertise that helps customers migrate from legacy systems, structure their repositories, translate existing processes into workflows and get AI into production quickly.
For more information about this news, visit www.chamelio.ai.