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eBrevia is a technology company.
eBrevia delivers AI-powered software for contract analysis, drafting, and review, for legal and financial professionals. Its core products, Contract Analyzer and DraftPro, utilize artificial intelligence to automate information extraction and streamline compliant agreement generation. This technology significantly reduces manual review times, improves accuracy, and accelerates diligence processes for large document volumes.
Founded in 2011 by Adam Nguyen, Ned Gannon, and Jacob Mundt, eBrevia emerged from advanced research at Columbia University's Data Science Institute. Their central insight was applying sophisticated AI to revolutionize the complex, time-consuming legal document review. This aimed to provide unparalleled speed and precision, fundamentally transforming how legal and financial entities manage contractual obligations.
eBrevia serves legal departments, law firms, and financial institutions needing efficient contract lifecycle management. The company's vision focuses on empowering these organizations to mitigate risk, expedite transactions, and optimize resource allocation. It achieves this through continuous advancement in AI-driven solutions, aspiring to redefine legal operations via intelligent automation and profound document intelligence.
eBrevia has raised $2.5M across 3 funding rounds.
eBrevia has raised $2.5M in total across 3 funding rounds.
eBrevia has raised $2.5M in total across 3 funding rounds.
eBrevia's investors include Connecticut Innovations, The Mohegan Tribe of Indians of Connecticut.
eBrevia is an AI-driven legal tech company specializing in contract analysis and management software, founded in 2011 and headquartered in New York, NY.[3][4] It builds products like Contract Analyzer, DraftPro, Lens, Prep, and Connect, which automate data extraction, review, drafting, and integration for law firms, corporations, auditors, and financial institutions such as Baker McKenzie, Norton Rose Fulbright, Kroll, SAP, Intel, PwC, EY, and MUFG.[1][2][4][5] These tools serve legal and business professionals by solving inefficiencies in bulk document review, due diligence, lease abstraction, and contract negotiation, delivering 60-90% time savings, higher accuracy, and support for 37 languages across thousands of documents.[1][4][5] Recent growth includes gen AI innovations and Tier 1 ranking by LegalTech Hub in 2025, with strong momentum from a 2023 management buyback enabling rapid feature launches.[2][5]
eBrevia was founded in 2011 as a pioneer in AI-powered contract review tools, evolving over a decade through user feedback to refine its platform for legal workflows.[1][3][4] In December 2023, CEO Adam Nguyen (a lawyer) and CTO Jake Mundt bought the company back from Donnelley (NYSE: DFIN), shifting to private ownership to accelerate innovation in generative AI and client-specific features.[2][5][7] This pivotal moment drew on insights from high-profile clients across law firms, ALSPs, consulting firms, and corporates, jumpstarting developments like eBrevia Lens and Connect while maintaining its established track record.[2][5]
eBrevia's edge lies in its mature, customizable AI honed over 13+ years, emphasizing intuitive, secure, and integrated tools for legal teams:
eBrevia rides the generative AI wave in legal tech, where exploding contract volumes from M&A, compliance, and governance demand automation amid talent shortages.[2][5] Its timing is ideal post-2023 buyback, aligning with gen AI adoption—Lens and Connect address "fast, accurate, simple" needs from Big Law and in-house teams, influencing the ecosystem by setting benchmarks for trainable, integrable AI that frees professionals for strategic work.[1][2][5] Market forces like regulatory complexity (e.g., LIBOR remediation) and hybrid workflows favor its platform-agnostic approach, positioning it as a leader bridging traditional legal processes with AI scalability.[3][6]
eBrevia is poised for expansion with its AI arsenal—expect deeper gen AI enhancements like advanced DraftPro betas and broader Connect integrations to capture more enterprise spend in a $20B+ legal tech market.[4][5][6] Trends in multimodal AI, global compliance, and low-code legal ops will propel it, especially as private ownership fuels agile innovation without shareholder pressures.[2][5] Its influence may grow by empowering mid-market firms via affordability and ease, evolving from review specialist to full contract lifecycle leader—reinforcing its decade-honed promise of transforming legal drudgery into high-value insights.[1][4]
eBrevia has raised $2.5M across 3 funding rounds. Most recently, it raised $2.0M Seed in November 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2014 | $2.0M Seed | Connecticut Innovations | The Mohegan Tribe of Indians of Connecticut |
| May 1, 2013 | $25K Seed | Connecticut Innovations | |
| Feb 1, 2013 | $430K Seed | Connecticut Innovations |