GC AI raises $60M Series B to build AI platform for in-house legal teams

Legal-tech startup GC AI closed a $60 million Series B at a $555 million valuation to grow its AI platform used by over 1,000 in-house legal departments for contracts, compliance, employment law and regulatory workflows. Led by Scale Venture Partners and Northzone with participation from Sound Ventures and others, the funding will support deeper enterprise integrations and the development of an AI ‘action layer’ that automates more of corporate legal work.