Phaselaw

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Phaselaw - overview

Established

2023

Location

New York, NY, US

Primary Industry

Software

About

Phaselaw provides AI-driven document redaction solutions, automating complex redaction tasks for organizations, particularly in legal and compliance sectors. Phaselaw, founded in 2023 in New York, US, specializes in automating document redaction. The company has completed 1 deal, with the most recent being a Seed round on April 21, 2025, raising USD 2. 8 mn from investors including BoxGroup, Defined, Pear VC, and Twelve Below.


The founder's information is not available, but the company is focused on delivering solutions primarily within North America and Europe. Phaselaw specializes in AI-powered document redaction solutions, focusing on the automation of large-scale redaction tasks which are often time-consuming and prone to error when performed manually. Its flagship product utilizes advanced AI models to identify over 50 categories of personal data, allowing users to apply redactions consistently across multiple document types, including emails, chats, documents, and images. Phaselaw’s platform enables users to upload files in any format, deduplicate emails, handle attachments, and convert documents into standardized formats like PDF.


The service is designed for legal teams, compliance departments, and organizations that require efficient handling of sensitive data, primarily operating in North America and Europe. Each client benefits from a dedicated private environment that ensures data isolation, with hosting options available based on the client's geographic needs to avoid cross-border data transfers. Phaselaw generates revenue primarily through subscription-based models, offering tiered plans that cater to different organizational needs. Clients pay for access to the document redaction platform, which includes features like single sign-on capabilities, advanced AI functionalities, and role-based access controls.


Transactions typically involve annual or monthly fees that correlate with the level of service selected, providing clients with the flexibility to choose plans based on their specific requirements. The company’s revenue structure reflects a B2B model, targeting enterprises across various sectors, including legal, healthcare, and finance, that necessitate robust document management solutions. Phaselaw's commitment to data security and compliance, evidenced by its SOC2 Type II certification and annual third-party penetration tests, further enhances its appeal to potential customers seeking reliable redaction services. In April 2025, Phaselaw raised USD 2.


8 mn in Seed funding to enhance its product offerings and expand into new markets. The company plans to develop additional features for its document redaction platform, aiming for a launch in late 2025. Additionally, Phaselaw is focused on entering the European market more aggressively by 2026, leveraging its recent funding to bolster marketing and sales efforts in targeted regions. This funding will support the development of new product features and the expansion of their client base across North America and Europe.


Current Investors

BoxGroup, Pear VC, Defined

Primary Industry

Software

Sub Industries

Legal Software

Website

www.phase.law/

Verticals

Artificial Intelligence

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.