US-based AI legal services startup Manifest has raised $60 million in a Series A funding round, marking one of the largest investments in the legal technology sector. The round values the company at approximately $750 million and was backed by major investors including Menlo Ventures, Kleiner Perkins, First Round Capital, and Quiet Capital, reflecting strong confidence in AI-driven transformation of legal services.
Manifest is focused on building what it describes as an AI-native law firm model, aiming to move away from the traditional billable hour system toward fixed, outcome-based pricing. The company combines artificial intelligence with centralized operations to streamline legal workflows, improve efficiency, and deliver more predictable costs for clients.
Founded by Dan Mishin, the company is addressing long-standing inefficiencies in the legal industry, where high costs and opaque pricing structures often limit access to legal services. Reports suggest that a large portion of legal professionals’ time is spent on administrative tasks rather than core legal work, and Manifest’s platform is designed to automate these processes, allowing lawyers to focus on higher-value activities.
The platform integrates AI tools across key legal functions such as client communication, document drafting, research, billing, and case management. It also provides a centralized operational infrastructure, enabling law firms to standardize processes and improve service delivery while maintaining human oversight in critical legal decisions.
The newly raised capital will be used to expand the company’s AI capabilities, scale its law firm model, and enter new legal domains beyond its initial focus on immigration services. The funding highlights a broader shift in the legal tech industry, where investors are increasingly backing AI-first platforms that aim to fundamentally reshape how legal services are delivered and consumed.
