Startup Fundraising•

Chamelio Raises $26M Series A for AI Legal Agents

Chamelio secures $26M Series A led by Entrée Capital, Work-Bench, Emerge Ventures, and Bright Pixel Capital. Rapid ARR growth fuels expansion of AI legal operations platform.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Chamelio raised $26.0M (Series A) from Entrée Capital, Work-Bench, Emerge Ventures, Bright Pixel Capital.
  • Sector: Artificial Intelligence (AI), Technology, Software & Gaming.
  • Geography: United States.

Analysis

In a significant validation of the rapidly evolving legal technology sector, Chamelio has successfully closed a $26 million Series A funding round. This substantial capital infusion, achieved just five months after its initial seed financing, underscores the company's explosive growth, evidenced by a reported quadrupling of its annual recurring revenue (ARR) within the same short period. The funding was spearheaded by Entrée Capital, with crucial follow-on investment from existing backers Work-Bench and Emerge Ventures. New participant Bright Pixel Capital also joined the round, signaling strong market confidence in Chamelio's innovative approach to legal operations.

The newly acquired capital is earmarked for strategic expansion, focusing on bolstering Chamelio's AI-driven legal action models, enhancing its product development capabilities, and growing its specialized legal engineering teams. A significant portion will also be dedicated to migrating existing customers from legacy legal software solutions to its advanced platform. Founded in 2024 by a trio of industry veterans—Alex Zilberman, Gal Lellouche, and former general counsel Gil Banyas—Chamelio is architecting AI agents designed to automate and streamline critical functions for in-house legal departments. These capabilities include contract drafting, meticulous term review, intelligent request routing, obligation tracking, and the execution of complex legal workflows.

Chamelio directly addresses a pervasive pain point within corporate legal functions: the escalating volume of work coupled with constrained headcount and outdated software that often functions merely as a digital repository. The company reports serving hundreds of clients, including prominent names like Wiz, monday.com, Socure, AppsFlyer, and Wonderful.ai. Its platform integrates seamlessly with essential business systems such as Salesforce, Slack, NetSuite, and various procurement tools, positioning it as a central hub for legal operations.

The legal tech market is experiencing a surge in enterprise AI adoption, driven by the imperative for corporate legal teams to manage increasing workloads without proportional budget or staff expansion. Chamelio is at the forefront of this shift, moving beyond traditional contract management, which primarily focused on storage and approval workflows. The company's vision is for legal software to actively perform tasks, leveraging AI agents that can draft from existing company templates, negotiate contract language, manage incoming legal inquiries, monitor commitments, and orchestrate multi-step processes. This allows for the automation of routine tasks while ensuring lawyers remain involved for critical human oversight.

“The fundamental misstep in legal AI has been the assumption that the future merely involves augmenting today's lawyer with faster document analysis,” stated Alex Zilberman, CEO and co-founder of Chamelio. “True value in legal AI emerges when systems can make intuitive decisions, informed by the unique corporate intelligence of each business. This is precisely Chamelio's core offering. We empower in-house legal departments to produce robust contracts and outcomes with AI-driven speed, validated by legal expertise.” This strategic focus on AI agents as an operational system, rather than just a document management tool, differentiates Chamelio in a competitive field.

Eran Bielski, General Partner at Entrée Capital, commented on the investment, “Chamelio is constructing the AI-native operating system for in-house legal teams, serving as the system of record, action, and intelligence for the modern legal function. We were impressed not only by the product's sophistication but by the founders' rapid execution, their responsiveness to customer feedback, and their ability to translate that feedback into a product with category-defining potential.” The company's rapid ARR growth serves as a powerful indicator of market traction and product-market fit in the increasingly dynamic legal AI space.