Definely Secures £585,000 Innovate UK Grant

London, 31st July 2024 - Definely, a leading UK-based LegalTech company, has been awarded a £585,000 grant from Innovate UK to advance its development of AI-driven solutions for the legal industry. The funding, closely following strategic investment from Raine Ventures, and a Series A funding round in May, will support Definely’s focus on creating new GenAI products aimed at making accessing and understanding the information within legal documents simple. 

Nnamdi Emelifeonwu, CEO and Co-Founder of Definely, commented: "This grant from Innovate UK is a testament to our mission of simplifying the way the legal world understands information. The project will allow us to invest further in the development of leading technology innovations, with AI at the core, to create solutions that make life easier, more efficient, and more competitive for legal professionals by simplifying the process of reviewing documents. We’re grateful to Innovate UK for their confidence in our roadmap and are excited to see the plans come to fruition.”

‍Innovate UK, part of UK Research and Innovation, is the UK’s innovation agency. They help UK businesses to grow through the development and commercialisation of new products, processes and services, supported by a robust technology ecosystem. 

The grant will enable Definely to accelerate its research and development in generative AI, focusing on creating features that address the acute pain points experienced by legal professionals. This project aligns with Definely's long-term goal of transforming from a product-based legal technology company to an innovative digital solutions business serving a wider spectrum of users beyond the legal industry.

Definely is already working with a robust roster of UK and international customers, including elite law firms and Fortune 500 companies such as A&O Shearman, Slaughter and May, Womble Bond Dickinson, Dentons, Eversheds Sutherland, DLA Piper, Deloitte and Barclays. The Definely team is innovating to solve current and significant challenges faced by legal professionals, with adoption levels on the rise across organisations to change the efficiency and accuracy of work carried out today.

"We are always keen to explore new ways to improve the quality, consistency and speed of our delivery for clients. The challenge is always getting busy lawyers to find the time to try something new.” Says Sam Dixon, Partner at Womble Bond Dickinson. “So how refreshing it has been to find a tool which meets lawyers where they are already working, can be used out of the box, delivers really obvious value every day and that lawyers actually want to use.”

About Definely

Launched in 2020, Definely is a LegalTech company that makes it easier for lawyers to read, edit, and understand legal documents. The company offers a subscription-based suite of productivity solutions designed to assist lawyers at the pre-execution stage of the contract lifecycle. Headquartered in London, Definely serves a diverse clientele, including elite law firms and Fortune 500 companies, and is operational across multiple continents.

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