# AXDRAFT: Machine Learning, Frankfurt, Germany

> AXDRAFT: AXDRAFT analyzes patterns in your legal documents and transforms drafting process from erroneous and time consuming copy and paste to a...

Source: https://millionrounds.com/startup/axdraft (Millionrounds; every figure on the page links to its filing or article)

Germany · [Machine Learning startup](https://millionrounds.com/companies)

# AXDRAFT

AXDRAFT analyzes patterns in your legal documents and transforms drafting process from erroneous and time consuming copy and paste to a mistake-free simple Q&A.

Listed

Machine Learning Frankfurt, Germany

Company summary

- **Founded:** - not reported
- **Team:** 34 11 to 50 people
- **Funding reported:** - none reported
- **Last round:** - date not reported

How sure we are

- 1 **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for AXDRAFT has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About AXDRAFT

AXDRAFT analyzes patterns in your legal documents and transforms drafting process from erroneous and time consuming copy and paste to a mistake-free simple Q&A.

The average time to draft a document with AXDRAFT is less than 4 minutes. On top of this AXDRAFT allows to integrate data into the document from public registers and your internal databases, eliminating the need to double check every data input. Data validation, e-signatures, access control, document id, visibility and personal accountability for drafted documents. All of this is possible with AXDRAFT. 45 corporations using AXDRAFT reduce time spent on drafting legal documents by up to 90% and shorten their approval cycles by up to 4 days. Both of these improvements mean more deals and better financial results for your company every quarter. And the best part is that from the moment we sign the contract AXDRAFT can be up and running in 2 weeks. Few case studies are available here: https://www.axdraft.com/customers

## On a portfolio page

Investors who name them

- [Accelerace](https://millionrounds.com/fund/accelerace)

Each firm lists AXDRAFT on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Machine Learning in Germany

Startups like it

- [**heyvie** Karlsruhe · founded 2021](https://millionrounds.com/startup/heyvie)
- [**Enable AI** Stuttgart · founded 2017](https://millionrounds.com/startup/enable-ai)

## Is this your company?

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