The problem
In-house legal teams face rising contract workloads without more headcount, and legacy CLM only stores documents
What they do
AI agents that draft, review and negotiate contracts for in-house legal teams
Traction ARR up 4x since Jan seed; 100+ customers incl. Wiz, monday.com; +7-8 a month
Hiring trend
- Open roles
- 9
- Ops roles
- 2
- Headcount
- ~43
Headcount ~20 → ~43 since Jan 2026 seed (LinkedIn +207% YoY)
Hiring in
- Tel Aviv
- Remote (US)
Funding
- Last round
- $26M
- Stage
- Series A
- Date
- Sep 2026
Led by Entrée Capital
- Hiring+19 open roles on the live job board (3–9 roles = +1)
- Funding recency+1.5Series A · $26M, Sep 2026 (1 month ago): 6 months or less = +1.5
- Traction+1.5Strong growth: ARR up 4x since Jan seed; 100+ customers incl. Wiz, monday.com; +7-8 a month
- Red flags0None found in the last 24 months
- Total4.01 + 1.5 + 1.5 − 0 = 4.0 → Tempo (3.5–4.24)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
Fast early adoption and hands-on legal-engineering migrations build stickiness, but it is a follower in crowded AI CLM against legacy CLM vendors and funded rivals Ivo and Sandstone.
Sources: Bloomberg Law: Chamelio raises $26M to take on legacy contract tech (Sep 2026) ↗ · AlleyWatch: Chamelio CEO interview on $26M Series A (Sep 2026) ↗
Open ops roles · 2
Last checked Oct 25, 2026