LegalSifter, a Pittsburgh, PA-based technology company that leverages differentiated artificial intelligence and human expertise to provide pre- and post-signature contracts-related software and managed services, received an investment from Carrick Capital Partners.
The amount of the deal was not disclosed. As part of the transaction, Carrick Co-CEO Jim Madden and Director Ivan Whittey will join the LegalSifter board of directors, along with Varun Mehta, CEO of Factor, a Carrick portfolio company that is investing alongside Carrick in the transaction. Factor is a provider of complex legal work at scale, with a specific focus on contracting.
The company intends to use the funds to expand its set of offerings and scale operations.
Led by CEO Kevin Miller, LegalSifter is a combined artificial intelligence and human expertise company dedicated to bringing legal services to the world by enabling people to negotiate contracts and organize documents.
The company offers its products to thousands of people and partners in 18 countries.
