Israeli AI Legal Tech Startup Chamelio Raises $26 Million

Israeli legal technology startup Chamelio has secured $26 million in a Series A funding round, just five months after raising $10 million. The new funding, led by Entrée Capital with participation from existing investors Work-Bench and Emerge Ventures, along with Bright Pixel Capital, brings the company's total funding to $36 million since its 2024 inception. This rapid fundraising pace highlights the company's growth, having raised more in this single round than in its previous funding.

Chamelio develops an AI platform designed for in-house legal departments, aiming to automate tasks related to contracts, legal requests, and obligations. Unlike existing contract lifecycle management systems, Chamelio's AI agents can perform actions, draft documents based on existing organizational data, review terms, assist in negotiations, and track post-contractual commitments. For low-risk tasks, the AI can operate autonomously, with exceptions routed to human lawyers. The platform integrates with enterprise systems like Salesforce and Slack to streamline legal processes within other departments.

The company has rapidly expanded its workforce, growing from approximately 20 employees at its previous funding round earlier this year to 50 employees currently, with 30 based in Ramat Gan, Israel, and the remainder in New York. Chamelio reports hundreds of clients, including major tech companies like Wiz, monday.com, AppsFlyer, and Socure, though it does not disclose revenue or valuation figures.

The new capital will be used to further develop Chamelio's AI technology, expand its product and Legal Engineering teams, and build tools to shorten implementation times for new clients. The company's founders include CEO Alex Silberman, COO Gil Benias, and CTO Gal Lellouche, bringing a blend of legal and technological expertise. Entrée Capital sees Chamelio as a platform capable of connecting organizational data with AI-driven legal task execution.