Avvoka has secured £14m in growth funding in a round led by Valhalla Ventures, with the investment set to support US expansion and further development of its AI-powered contract drafting platform. The round marks Valhalla’s first investment since the sale of Preqin to BlackRock in 2025.
Founded in 2016 by former Magic Circle lawyers Eliot Benzecrit and David Howorth, Avvoka develops AI-powered contract drafting systems and already counts more than 20% of the Am Law 100 among its clients, including A&O Shearman, Fenwick, Fried Frank and Ropes & Gray.
Eliot Benzecrit, Co-Founder of Avvoka, commented: “AI has changed the pace of legal drafting. What firms need now is drafting infrastructure – systems that embed structure, governance and human oversight alongside AI capability.”
Mark O’Hare, Partner of Valhalla Ventures says, “AI is changing how legal work is done, but it won’t replace the need for robust systems. Avvoka’s attraction is their recognition that drafting is not a tool problem — it is an infrastructure problem. Firms that want to scale without diluting their expertise will need platforms built with that reality in mind.”
Source: Avvoka
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