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Intelligent Legal Solutions (ILS), based in Chicago, develops legal technology software automating complex workflows for investment fund lawyers, focusing on side letter management, MFN (Most Favored Nation) election processes, and comment memo management. Its flagship ProVision platform consolidates negotiated terms into a centralized system, having processed over 5,000 side letters across 450 matters and facilitating $150 billion in capital raises since its launch. The company's solutions are adopted by more than 10 leading global law firms, including Cleary Gottlieb, Fried Frank, Goodwin, Paul Weiss, Proskauer, and Ropes & Grey. ILS announced over $3 million in seed funding in March 2026, led by Chicago Ventures. Intelligent Legal Solutions was founded in 2024 by Fergus Plant, Jack McCarthy, and Stefano Benigni. Its business model centers on venture-backed software company with a seed funding model. The company charges law firms for access to its ProVision platform.
Intelligent Legal Solutions has raised $3.0M across 1 funding round.
Intelligent Legal Solutions has raised $3.0M in total across 1 funding round.
Intelligent Legal Solutions has raised $3.0M in total across 1 funding round.
Intelligent Legal Solutions's investors include Chicago Ventures, Eric Duboe.
Intelligent Legal Solutions has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 26, 2026 | $3M Seed | Chicago Ventures, Eric Duboe | — | Announced |
