Chamelio raises $26 million Series A to replace legacy legal software with AI agents
Backed by Entrée Capital, the startup is building software designed to execute routine legal workflows and escalate only the cases that require human judgment.
Chamelio, an Israeli startup developing AI software for corporate legal departments, has raised $26 million in a Series A round as it seeks to replace the contract-management systems that have long been used to organize legal work with software that can perform much of that work itself.
The round was led by Entrée Capital, with existing investors Work-Bench and Emerge Ventures participating alongside Bright Pixel Capital. Chamelio said its annual recurring revenue has grown fourfold since its Seed round eight months ago. The company now has hundreds of customers, including Wiz, monday.com, Socure, AppsFlyer and Wonderful.
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Chamelio founders.
(Yuval Shemesh)
Chamelio was founded in 2024 by Alex Zilberman, who previously held leadership roles at Pagaya and was COO and a co-founder of AnyVision. Chamelio COO and co-founder Gil Banyas brings 15 years of legal experience, including serving as general counsel at AnyVision. CTO and co-founder Gal Lellouche previously founded an AI company acquired by Sage, where he later held senior AI leadership roles.
AnyVision was considered a pioneer in artificial intelligence and advanced facial recognition systems, and over the years made headlines both for technological breakthroughs and for a series of public controversies.
The new funding will be used to develop Chamelio's proprietary legal action model, expand its legal engineering and product teams and invest in onboarding technology.
The funding comes as corporate legal departments face rising workloads without a corresponding increase in budgets or headcount. Chamelio points to an Association of Corporate Counsel survey this year that identified budget and resource constraints as a key barrier to success, while the 2026 State of the Industry Report from CLOC found that only 32% of legal departments expect to add attorney headcount this year.
The company is betting that the answer will not be more lawyers, but a different division of labor between lawyers and AI.
Most contract lifecycle management, or CLM, software was designed primarily to store contracts and manage the processes surrounding them. Chamelio is attempting to move beyond that model. Its platform is designed to draft contracts using a company's existing agreements, review and negotiate terms, route requests, manage obligations and execute multistep legal workflows.
Customers can deploy the system autonomously for routine, low-risk work or keep a lawyer in the loop where oversight is required. That approach is intended to shift the role of in-house counsel away from repetitive execution and toward supervision, decision-making and higher-level legal work.
The company is also seeking to extend legal AI beyond the legal department itself. Chamelio allows teams to build their own agents that can interact with functions including procurement, finance, product, people, compliance and sales.
"The mistake in legal AI has been assuming the future simply looks like today's lawyer with faster contractual fact-checking," said Alex Zilberman, CEO and co-founder of Chamelio. "AI in a legal setting shows dividends when it can make decisions intuitively, built on the corporate intelligence of each individual business. This is what Chamelio does. We ensure in-house legal departments deliver watertight contracts and outputs at AI speed, validated by the rigor of lawyers."
