WaveData

WaveData Raises $50M Series B in Latest Funding Round

WaveData has successfully closed a $50M Series B funding round, marking a significant milestone in the company's growth trajectory. The round was led by Bessemer Venture Partners, with participation from General Catalyst.

Company Overview

Founded in 2023 and headquartered in Washington, DC, WaveData has established itself in the LegalTech space. Leading machine learning platform automating enterprise workflows with advanced AI models

With a current valuation of $350M, the company has demonstrated strong market traction and investor confidence.

Investment Details

• Amount Raised: $50M Series B
• Valuation: $350M
• Lead Investor: Bessemer Venture Partners

Future Outlook

As WaveData moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the legaltech space.