Filevine, a provider of Legal Operating Intelligence Systems, has raised $400 million in an all-equity funding round to accelerate the growth of its Legal Operating Intelligence System. The funding was led by Insight Partners with participation from Accel, Halo Fund, and existing investors.
The company plans to use the capital to enhance its AI-driven products, expand into enterprise and government sectors, and strengthen its go-to-market strategy. With nearly 6,000 customers and 100,000 professionals using the platform, Filevine reports over 96% gross retention and net dollar retention above 120%, reflecting strong user adoption and operational scale.
Founder and CEO Ryan Anderson said, “Some early versions of legal AI forced lawyers to work in two systems: their systems of record and their AI tools. But that framework isn’t what the market demands. Filevine embeds intelligence into the DNA of daily legal work, with the first true legal operating intelligence system.”
Investors also expressed confidence in the company’s position and momentum. Rebecca Liu-Doyle, Managing Director at Insight Partners, commented, “Filevine has proven its ability to sustain tremendous growth while simultaneously capturing new opportunities and markets. We at Insight are highly impressed with Ryan and team, and we’re excited to double down with Filevine as they continue scaling into this next chapter.”