Tech Company Financing Transactions
Callidus Legal AI Funding Round
Cervin Ventures, Active Capital and AI Fund participated in a $10 million capital raise for Callidus Legal AI. This venture round was announced on 7/15/2025.
Transaction Overview
Company Name
Announced On
7/15/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product development and expand the team to continue its growth trajectory through the second half of 2025.
Company Information
Company Status
Private & Independent
Industry
LegalTech
Mailing Address
8720 Silverado Trail 3B
McKinney, TX 75070
USA
McKinney, TX 75070
USA
Phone
Undisclosed
Website
Email Address
Overview
At Callidus, we see a massive opportunity for disruption following the advent of large language models ("LLMs") like ChatGPT. And we believe advanced generative AI technologies will revolutionize the legal profession, placing it toward the top of the list of most disrupted industries. We're not alone -- Goldman Sachs shares our perspective.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Justin McCallon
Chief Technical Officer
John Bohlmann
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Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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