Chamelio Raises $26M Series A to Advance AI-Powered Contract Management
Chamelio announced $26 million Series A funding to enhance its AI-driven CLM tools.
Why it matters: This funding signals strong investor confidence in AI-enhanced contract automation, highlighting growth potential for legal teams adopting advanced CLM technology.
- Chamelio raised $26 million in a Series A round led by Entrée Capital on September 22, 2026.
- The company’s annual recurring revenue has grown fourfold since its seed round five months ago.
- Funding will support development of its proprietary legal action model and expand legal engineering and product teams.
- The platform integrates with Microsoft Word, Slack, NetSuite, and procurement systems.
Chamelio, an AI-native contract lifecycle management (CLM) platform designed for in-house legal teams, announced a $26 million Series A funding round on September 22, 2026. The round was led by Entrée Capital, with participation from existing investors Work-Bench, Emerge Ventures, and Bright Pixel Capital. This latest infusion supports Chamelio’s plans to develop its proprietary legal action model further and grow its legal engineering and product teams.
Founded in 2024 by CEO Alex Zilberman, COO Gil Benias, and CTO Gal Lallouche, Chamelio has rapidly expanded its market presence. The company’s annual recurring revenue has increased fourfold since its seed round just five months ago, demonstrating strong adoption of its AI-driven contract management solutions.
Alex Zilberman emphasized the company’s vision: "The mistake in legal AI has been assuming the future simply looks like today’s lawyer with faster contractual fact-checking." Instead, Chamelio focuses on agentic AI capabilities to transform legal operations beyond legacy CLM systems.
The platform’s integrations with widely used tools like Microsoft Word, Slack, NetSuite, and procurement systems streamline workflows for legal teams and procurement departments alike.
Eran Bielski, General Partner at Entrée Capital, highlighted the founders’ execution speed and responsiveness to customer feedback, which helped shape a product with category-defining potential.
By the numbers:
- $26 million — Series A funding amount
- 4x — Growth in annual recurring revenue since seed round
- 2024 — Year Chamelio was founded