TLDR:
- Definely, a LegalTech company based in London, received a strategic investment from Raine Ventures.
- The partnership will accelerate Definely’s expansion plans, particularly in the US market and new industry sectors.
Definely, a London-based LegalTech company, has successfully secured a strategic investment from Raine Ventures, the venture arm of US investment firm The Raine Group. This partnership represents a significant milestone for Definely, known for simplifying legal documents, and will support the company’s growth trajectory. With a customer base that includes elite law firms and Fortune 500 companies such as A&O Shearman, Milbank LLP, and Deloitte, Definely is poised for enhanced expansion with this new partnership.
Led by CEO Nnamdi Emelifeonwu, Definely offers a range of subscription-based productivity solutions designed to help lawyers with legal document reading, editing, and understanding at the pre-execution stage of the contract lifecycle. The company currently serves a diverse clientele across Europe, North America, Africa, Australia, and Asia. The strategic investment from Raine Ventures will fuel Definely’s efforts to enhance its US footprint and enter new industry sectors, aligning perfectly with the company’s growth goals.
With its focus on innovation within the LegalTech space and a strong track record of serving top-tier clients, Definely is well-positioned for continued success and expansion in the global legal market. The partnership with Raine Ventures signifies a vote of confidence in the company’s vision and capabilities, paving the way for further growth and development in the future.
