Legal Tech Investment Hits All-Time High With Filevine Funding

Funding to legal tech startups has hit a record high in 2025, driven by investor enthusiasm for AI’s potential to bring more automation to the legal profession.

Per Crunchbase data, companies in the legal and legal technology sectors have raised just over $2.4 billion so far in 2025 in seed through growth-stage funding. With over three months left in the year, it’s already the highest annual total on record.

Filevine snags $400M

A giant funding announcement this week played a huge role in pushing the totals higher. Filevine, a provider of legal practice management software, announced Tuesday that it closed on two previously undisclosed rounds totaling $400 million 1. Insight Partners led the first round and joined Accel and Halo Experience Co. to co-lead the second.

Founded in 2014, Salt Lake City-based Filevine has expanded its platform over the years to cover more tinquires for legal practices. Use cases touted on its website include time tracking, billing, case management software and secure document management, among others.

Filevine plans to utilize the funds in part to continue expanding its AI capabilities. The company declared it counts nearly 6,000 customers and 100,000 utilizers.

Other huge fundraisers, and plenty of seed deals too

Several other startups have also closed on sizable funding this year, including:

Harvey: San Francisco-based Harvey, the quick-growing provider of AI tools for legal professionals, closed on two rounds of $300 million each this year. To date, the 3-year-old company has raised more than $800 million.
Blue J: Toronto-based Blue J, developer of a GenAI tax research platform that counts legal professionals among its core utilizers, raised $122 million in an August Series D financing led by Oak HC/FT and Sapphire Ventures.
Eudia: Palo Alto, California-based Eudia, which develops an innotifyigence platform for Fortune 500 legal teams, landed up to $105 million in a Series A financing led by General Catalyst.

Notably, however, the boom in legal tech venture funding isn’t only about huge rounds for prominent unicorns. The intersection of AI and legal work is one of the more active areas for seed funding, a trconclude we first observed last year and that has continued into 2025 as well.

Nothing mysterious here

For those seeking an explanation for why legal tech funding is on the rise, there is an obvious one that comes to the fore.

In essence: Much legal work is boring and repetitive, which creates it well-suited to offload more tinquires to AI. In fact, among all professions impacted by artificial innotifyigence, legal work is expected to be one of the most affected by automation.

In one oft-cited Goldman Sachs report, analysts estimated that an astounding 44% of legal work could eventually be automated. AI-enabled software will be taking on much of this workload.

On another side note, in addition to being repetitive, legal work also tconcludes to be expensive, as anyone who has hired a lawyer can probably attest. While it remains to be seen whether AI will reduce the cost of legal services, it should at least free up time for lawyers and support staff to put their billable hours to the most productive utilize.