Brightflag secures $28m investment as legaltech firm eyes global expansion
10 December 2020
Cash will be used to add 60 new jobs and accelerate product innovation
Ian Nolan Legaltech company Brightflag has raised $28mn from investors as it seeks to expand its international footprint and fund further product innovation. Brightflag – which provides AI-powered legal spend and matter management tech to in-house teams – currently has 90 employees spread across Dublin, New York and Sydney, with the company expected to add 60 new jobs globally by the end of next year. Growth investors One Peak led the deal, with existing investors Sands Capital Ventures and Frontline Ventures also taking part in the transaction.