Salt Lake City, UT — September 23, 2025

Filevine, the legal software pioneer headquartered in Salt Lake City, has secured $400 million in an all-equity financing, signaling strong investor confidence in both the legal tech sector and Filevine’s growing market presence. Over the past 15 months, the company completed two funding rounds: the first led by Insight Partners (New York), followed by a larger round co-led by Accel (Palo Alto) and Halo Fund (Redwood City) alongside Insight, with participation from Meritech (Palo Alto), Stepstone (New York), and local investment firms Run Ventures (Salt Lake City) and Album VC (Lehi).

The new capital will allow Filevine to expand its AI capabilities, accelerate product development, and scale its go-to-market strategy.

Ryan Anderson, Founder and CEO of Filevine at the company's annual summit, LEX 2024

“Some early legal AI solutions forced lawyers to toggle between their systems of record and AI tools,” said Ryan Anderson, Founder & CEO of Filevine. “Filevine embeds intelligence into daily legal work, delivering the first true legal operating intelligence system. Every task a legal professional completes should be augmented with intelligence.”

Why Filevine Stands Out

Filevine is redefining legal tech by consolidating disparate tools into a single AI-powered platform. Unlike fragmented solutions that produce siloed or incomplete insights, Filevine integrates emails, texts, deadlines, contacts, documents, deposition videos and transcripts, phone logs, notes, tasks, audit logs, intake notes, and calendars—giving legal teams real-time, case-critical intelligence.

Its advantage lies in context and adoption. AI is embedded in daily workflows, not an add-on. Users upload over 20 million pages of documents daily, demonstrating the platform’s scale and reliability.

Rapid Growth and Market Adoption

Filevine now serves nearly 6,000 customers and 100,000 legal professionals across boutique firms, government agencies, and Fortune 500 enterprises. The platform boasts over 96% gross retention for its flagship product, Filevine Core, and net dollar retention exceeding 120%, highlighting exceptional customer loyalty.

With this funding, Filevine aims to strengthen its leadership in litigation technology, attract top talent, and expand its enterprise and government customer base. With proprietary data, AI embedded into core workflows, and enterprise-grade scale, Filevine is positioning itself to define the future of the legal tech market.

Investor Confidence

  • Rebecca Liu-Doyle, Managing Director at Insight Partners: “Filevine has demonstrated sustainable growth while capturing new markets. We’re thrilled to double down as they enter this next phase.”
  • John Locke, Partner at Accel: “Filevine is solving a problem others overlook: building a system of record where AI is woven into every function, scalable from small firms to enterprise operations. The company’s consistent growth and client retention speak volumes.”
  • Ryan Smith, Co-founder of Halo Fund: “Filevine’s AI products show heavy daily usage and week-over-week growth over 20%. With 130% YoY AI revenue growth, users are seeing real value from integrated AI tools.”

Latest Product Launch

In addition to its recent $400 million funding round, Filevine recently launched Depositions by Filevine, an AI-driven platform designed to streamline the deposition process. This solution automates scheduling, provides real-time analysis during depositions, and delivers rapid transcript reviews, significantly enhancing litigation efficiency.

Since its launch, the platform has powered nearly 51,000 depositions, saving an estimated 62,500 hours of staff time—equivalent to 30 years of full-time effort and nearly $2 million in cost savings based on average paralegal salaries.

Growth To Date

Filevine has grown rapidly since its founding, with nearly 6,000 customers and 100,000 legal professionals using its platform. Filevine’s momentum in delivering real value for users is evidenced by 130% YoY AI revenue growth and Filevine users uploading more than 20 million pages of documents daily.  
 
With this signficant raise, which puts Filevine's valuation at approximately $3 billion, will further its work in serving litigators, attracting top talent, and deepening its base of enterprise and government customers.  

This development underscores Filevine's commitment to integrating AI across its platform, further solidifying its position as a leader in legal technology.

For more information about Filevine’s Legal Operating Intelligence System, visit filevine.com

Share this article
The link has been copied!