The problem
In-house teams and founders wait weeks and pay hourly BigLaw rates for routine contracts and deals
What they do
AI-native law firm: AI drafts commercial legal work, senior attorneys review and sign off
Traction 200+ in-house teams served, up from 100+ in May; $3.5B contract value closed (self-reported)
Hiring trend
- Open roles
- 6
- Ops roles
- 2
- Headcount
- ~16-21
Grew from founders in an SF apartment (Apr 2026) to ~16-21 staff (LinkedIn/Tracxn, est.); 6 open roles
Funding
- Last round
- $9M
- Stage
- Seed
- Date
- May 2026
Led by Y Combinator, 20VC
- Hiring+16 open roles on the live job board (3–9 roles = +1)
- Funding recency+1.5Seed · $9M, May 2026 (5 months ago): 6 months or less = +1.5
- Traction+0.75Some growth: 200+ in-house teams served, up from 100+ in May; $3.5B contract value closed (self-reported)
- Red flags0None found in the last 24 months
- Total3.251 + 1.5 + 0.75 − 0 = 3.25 → Warm-up
Seed rule: seed-stage without strong traction starts in Warm-up whatever the score (Steady by score alone).
Distance (Unproven) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Unproven
Five-month-old seed firm (YC W26) with fast, self-reported client growth but no revenue or retention data yet, in a crowded AI-native law firm field; the MSO structure that routes funding around US bar ownership rules is a regulatory exposure.
Sources: Moritz: Moritz raises $9M (May 2026) ↗ · Global Legal Post: Moritz $9M seed and Parlai MSO structure (May 2026) ↗
Open ops roles · 2
Last checked Oct 25, 2026