Funding news · Sep 15, 2026
Deposely (Litem) Raises $6.2M Series A for AI Litigation Intelligence
Deposely, Inc. (Litem) Secures $6.2M Series A
Deposely, Inc., the Bellevue, Washington legal-technology company that rebranded as Litem in August 2026, has raised a $6.2 million Series A round. The funding was disclosed on September 15, 2026, and is denominated in USD.
What the Company Does
Litem builds AI litigation-intelligence software for law firms and court-reporting agencies. The platform extracts and organizes facts from case documents and testimony, addressing a core bottleneck in litigation work: the volume of material that must be reviewed, understood, and summarized before and during proceedings.
The product line is organized around two offerings:
- Litem Depositions — assists with deposition preparation, live analysis, and summaries.
- Litem for Agencies — gives court-reporting providers a unified hosting and transcription platform.
Traction
According to the company, attorneys at more than 50 Am Law 200 firms use the product. The platform handles over 10,000 depositions a month for some 20,000 legal professionals. That combination of enterprise adoption and recurring monthly volume places Litem in the workflow of large-firm litigation practices rather than at the periphery.
Round Details
| Item | Detail |
|---|---|
| Round type | Series A |
| Amount | $6,200,000 |
| Currency | USD |
| Funding date | September 15, 2026 |
| Lead investor | Not disclosed |
| Investors | Not disclosed |
No lead investor or participating investors were named in the available funding information, and no source URL was provided.
Why It Matters
Legal technology has become a durable category for strategic acquirers, particularly where a product is embedded in the daily workflow of Am Law 200 firms. Deposition work is high-stakes, document-heavy, and time-sensitive — characteristics that favor software that can be trusted inside active matters.
Litem's dual go-to-market is notable. Selling directly to law firms builds brand and usage among attorneys, while Litem for Agencies targets court-reporting providers with hosting and transcription infrastructure. Serving both sides of the deposition process gives the company two distinct channels into the same underlying activity.
Acquisition Angle
The Series A gives Litem capital to expand at a moment when it already reports meaningful scale: 50-plus Am Law 200 firms, 10,000-plus depositions per month, and roughly 20,000 legal professionals on the platform. For acquirers in legal software, court reporting, or litigation services, those metrics represent an installed base and a data footprint that would be difficult to replicate organically.
The rebrand from Deposely to Litem in August 2026, immediately preceding the round, suggests a deliberate repositioning around a unified platform identity spanning depositions and agency services.
Summary
- Company: Deposely, Inc., rebranded as Litem
- Headquarters: Bellevue, Washington
- Category: AI litigation-intelligence software
- Round: Series A
- Amount: $6.2 million USD
- Date: September 15, 2026
- Customers: Attorneys at more than 50 Am Law 200 firms
- Volume: Over 10,000 depositions per month; approximately 20,000 legal professionals
Investor details were not disclosed in the available information.