Filevine Inc., the developer of a software platform that helps attorneys create and manage legal documents, has raised $400 million in funding.

The startup disclosed today that it received the capital in two tranches. Insight Partners led the first round and co-led the second, larger deal with Accel and Halo Fund. The latter investment also included the participation of Meritech, Stepstone, Run Ventures and Album Ventures.

“During diligence, we saw Filevine’s AI products have heavy daily usage, with over 20% week over week growth in their cross-platform AI-chat tool,” said Halo Fund co-founder Ryan Smith. “With about 130% YoY AI revenue growth, users told us they are deriving real value from Filevine’s integrated AI products.”

Filevine’s case management platform enables legal teams to store their files in a centralized repository. The platform can hold not only documents but also images, audio recordings and other data. A preview tool enables users to view files without downloading them.

Legal teams can create documents in Filevine using templates. According to the company, an automation tool customizes templates using data from the records that describe a given court case. When those records change, Filevine can automatically update the associated legal document.

Filevine enables attorneys to generate documents using not only templates but also an artificial intelligence text generation tool. The tool, DemandsAI, can automatically draft demand letters, which are requests that legal teams often send to litigants before a lawsuit begins. Filevine says that the feature can reduce the amount of time it takes to create such documents by several days.

After attorneys create a new legal document, they can use another AI feature called ValidationAI to check that it’s accurate. The feature can point out if an attorney forgot to include the name of a plaintiff or entered an incorrect sum into a contract template.

Filevine’s platform also automates other tasks. A feature called AIFields enables users to upload a large number of legal documents at once, including handwritten notes, and scan them for specific pieces of information. For administrative staff, Filevine provides a set of client billing tools.

The company disclosed today that its platform is used by 100,000 legal professionals across nearly 6,000 organizations. Those organizations include law firms, government agencies and large enterprises. It says users upload more than 20 million pages to its platform every day.

Filevine will use its funding to accelerate go-to-market initiatives and develop new AI features.

Image: Filevine