Israeli legal-tech startup Chamelio raises $26M as AI reshapes in-house law

The round was led by Entrée Capital, with participation from existing investors Work-Bench and Emerge Ventures, as well as Bright Pixel Capital.

Founded in 2024 by serial entrepreneurs Alex Zilberman and Gal Lellouche together with former general counsel Gil Banyas, Chamelio says its annual recurring revenue has quadrupled since its seed round and that it now serves hundreds of customers, including Wiz, monday.com, AppsFlyer, Socure and Wonderful.ai.

The company plans to use the new funding to expand its product and legal engineering teams, further develop its proprietary legal AI model and improve technology used to onboard customers.

Chamelio is targeting a longstanding problem inside corporate legal departments: rising workloads without matching increases in budgets or headcount.

Its platform is designed to manage the entire contract lifecycle, including drafting, negotiation, approvals, obligations and ongoing legal workflows. Unlike traditional contract lifecycle management systems that mainly store documents and track processes, Chamelio says its software is built to perform legal tasks itself.

The system can draft agreements using a company’s existing contracts, review and negotiate terms, route requests, manage obligations and carry out multistep workflows. Companies can allow it to handle routine, lower-risk work autonomously while keeping lawyers involved where human judgment is required.

“The mistake in legal AI has been assuming the future simply looks like today’s lawyer with faster contractual fact-checking,” Zilberman, Chamelio’s CEO, said.

“AI in a legal setting shows dividends when it can make decisions intuitively, built on the corporate intelligence of each individual business.”

The company’s pitch comes as legal departments have become some of the fastest adopters of generative AI, driven in part by resource constraints. Industry surveys cited by Chamelio show that legal teams are being asked to handle more work while staffing growth remains limited.

Chamelio is also betting that AI agents will become a more common part of corporate legal operations. Its platform allows legal departments to build agents that can work across functions such as procurement, finance, product, compliance, human resources and sales.

Entrée Capital General Partner Eran Bielski said the firm was drawn to both the technology and the speed at which the company was responding to customer needs.

“Chamelio is building the AI-native operating system for in-house legal teams — becoming the system of record, system of action and system of intelligence for the modern legal function,” he said.

The company integrates with business software including Salesforce, Slack, NetSuite and procurement platforms. It also provides legal engineering support to help customers move away from older contract-management systems and convert existing legal processes into automated workflows.

Zilberman said Chamelio sees the future of in-house legal work as a combination of lawyers, legal engineers and AI agents.

“With our platform underpinning every facet of in-house contract execution, we are redefining how in-house legal activities are carried out,” he said.