LEGAL AI
Chamelio Raises $26 Million to Automate In-House Legal Operations
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Chamelio has raised $26 million in a Series A led by Entrée Capital, five months after its seed round, as the legal technology company targets contract work that traditional management systems leave to lawyers. The New York-based startup said annual recurring revenue has quadrupled since that earlier financing and that it now serves hundreds of customers, including Wiz, monday.com, Socure, AppsFlyer and Wonderful.ai.
Chamelio’s financing arrives as corporate legal departments face rising demand without equivalent growth in budgets or attorney headcount. The Association of Corporate Counsel identified resource constraints as a major obstacle for legal teams, while the 2026 State of the Industry Report from the Corporate Legal Operations Consortium found that only 32% of departments expect to increase attorney staffing this year. Those pressures are pushing buyers beyond document repositories and workflow tools toward legal AI that can execute defined work.
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- 1Chamelio Raises $26M Series A to Replace Legacy CLM with AI-Native In-House Legal Operationshttps://www.prnewswire.com/il/news-releases/chamelio-raises-26m-series-a-to-replace-legacy-clm-with-ai-native-in-house-legal-operations-302886011.html
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