Series A Round for Newcode, An AI Harness for Legal, Brings Its Funding To $20M and Fuels U.S. Expansion
LawSites (LawNext)
1mo · 4 min
An Oslo legal-AI startup just raised a Series A led by the investor behind Relativity — betting law firms want a configurable AI ‘harness,’ not another finished assistant.
Newcode, an Oslo-based legal AI company that sells law firms a configurable AI harness rather than a finished assistant, has raised a Series A led by OnDean Forward, the investment firm founded by Relativity founder Andrew Sieja.
The round brings the company’s total capital raised this year to $20 million and will fund its expansion into the United States, the company announced Aug. 24.
Although the announcement did not say how much Newcode raised in this latest round, it had raised $6.5 million earlier this year, indicating that this round was $13.5 million.
Also participating in the round were The LegalTech Fund, Antiportfolio Ventures, Relativity’s investment arm Rel Labs, and existing investors.
“We’re excited to work with Maged and the team at Newcode,” Sieja said in a statement. “The tech gives law firms a path to own their AI stack and helps them accelerate the use of AI across the practice and business of law.”
Newcode describes its product as built around the core belief ithat law firms should be in control of their AI capabilities, allowing them to build on their strengths and deepen their competitive advantages.
It targets firms that are moving beyond the first wave of legal AI — chat interfaces and point solutions — toward AI-native operating models that securely connect institutional knowledge, workflows, systems of record, and professional judgment into their own internal intelligence layer.…
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