Flank Secures $10M for Autonomous Legal Agents Expansion

Flank, a Berlin-based company specializing in autonomous AI legal advisors for corporate teams, has announced a $10 million funding round led by Insight Partners. Other significant investors include Gradient Ventures, 10x Founders, and HV Capital. Flank's AI agents integrate seamlessly into a company's existing tools and workflows, such as email, Slack, and Microsoft Teams, eliminating the need for new interfaces or retraining of employees. This funding aims to enhance product development, expand engineering and sales teams, and deepen partnerships with enterprises. As part of this financing round, Sophie Beshar, VP at Insight Partners, will join Flank's board. The company's unique agent framework and next-generation vectorless search engine equip Flank to handle vast workflows like NDAs and compliance checks efficiently. Flank is being implemented by corporate giants like DeepL, SumUp, TravelPerk, and many others for their legal operations. Additionally, the firm has seen a triple-digit growth in revenue in the past year and is hiring for key positions to support its growth trajectory. With clients across the USA, Europe, and MENA, Flank partners with law firms like Simmons & Simmons to enhance their service offerings through AI.