Intelligent Legal Solutions (ILS) has raised a Seed round led by Chicago Ventures, bringing the company’s total funding to more than $3 million. The investment will support further development of the ProVision platform and ILS’s product roadmap for 2026 as it looks to build a centralised workflow system for private funds legal teams.
Founded in 2024, ILS develops software designed to automate key investment funds processes such as side letter management, comment memo workflows and the MFN process. Its platform, ProVision, is used by more than 10 major law firms, including Cleary Gottlieb, Fried Frank, Goodwin, Paul Weiss, Proskauer, Ropes & Gray and Willkie Farr & Gallagher.
Fergus Plant, Co-Founder of ILS, commented: “We are thrilled to partner with Chicago Ventures, whose deep expertise assisting companies like ours to empower traditional businesses with technology will allow us to take our already substantial growth to another level.”
Source: Intelligent Legal Solutions
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