Noetica AI raised $22M in a Series A funding round led by Lightspeed Venture Partners to expand its deal-term data analytics platform for law firms and financial institutions.
Oct 10, 2024•about 1 year ago
Amount Raised
$22 Million
Round Type
series a
New YorkInformation TechnologyInvestors
The Legal Tech FundCompany VenturesFlybridge CapitalBling CapitalThompson Reuters VenturesLightspeed Venture Partners
Description
Noetica AI announced $22 million in Series A funding to enhance its market-leading platform for benchmarking deal terms. The funding round was led by Lightspeed Venture Partners, with participation from several other investors.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech