This partnership signifies a major milestone in Definely's growth, enhancing its customer base, which includes prominent law firms and Fortune 500 companies like A&O Shearman, Milbank LLP, and Deloitte.

The investment from Raine Ventures aims to bolster Definely’s early success in the US market. Raine, managing over $3.4 billion in assets, specialises in growth equity and venture capital. Its extensive industry network and expertise in technology, media, and telecom (TMT) sectors make it a fitting partner for Definely's expansion plans.

This investment comes at a crucial point in Definely’s growth, following its Series A announcement in May. As Definely looks to strengthen its presence in the United States and explore new industries, Raine’s global network and strategic guidance, which have supported many fast-growing TMT enterprises, are expected to be invaluable. This partnership will accelerate Definely's expansion, particularly in enhancing its US footprint and breaking into new sectors, aligning with the company's current momentum and future aspirations.

Nnamdi Emelifeonwu, CEO and Co-Founder of Definely, expressed enthusiasm about the partnership: "Bringing Raine Ventures onto our cap table, as a US-based investment firm with a strong track record and network, allows Definely to double down on its early success in the US market and capitalise on the US opportunity at a pivotal stage in our growth. We are excited for what the future holds as the relationship continues to grow."

Gordon Rubenstein, Managing Partner of Raine Ventures, highlighted the strategic rationale behind the investment: "Definely presents a compelling investment opportunity due to its innovative AI-driven tools that enhance efficiency, accuracy, and productivity during the pre-execution stage of the contract lifecycle. The company is solving a critical pain point for lawyers across the legal industry, and we are thrilled to partner with the Definely team and help catalyse this next phase of growth."

The partnership brings significant value beyond capital. The investment will support Definely's ambitious hiring plans and product development initiatives, further enhancing its AI-driven legal tech solutions. It also provides access to Raine's vast network in the US market, offering the potential for new customer relationships and strategic partnerships. This is particularly valuable as Definely looks to expand its presence in key US legal and financial hubs.