Covenant, a New York-based AI-powered law firm serving private market investors, has raised $4 million in seed funding.
Investors
The round was led by Flybridge Capital Partners, with participation from Neil Barsky, a former hedge fund manager.
Flybridge Capital Partners is an early-stage venture capital firm based in Boston and New York, managing over $1 billion in assets. The firm focuses on pre-seed and seed investments, particularly in AI-driven startups, including vertical SaaS, developer infrastructure, and human-AI interfaces.
Covenant Use of Funds
The company will use the funding to accelerate product development, expand its suite of AI legal tools, and further its mission to streamline legal workflows for private market investors.
About Covenant
Led by CEO and co-founder Jen Berrent, Covenant is an AI-powered law firm built specifically for private market investors, including endowments, foundations, sovereign wealth funds, and funds of funds. It specializes in helping investors review and manage complex legal documents (e.g., LPAs, NDAs, MFNs). Covenant leverages multiple foundational models to eliminate dependence on a single model and to quickly deliver the latest AI innovations to its clients. Headquartered in New York, Covenant’s client base includes leading endowments, foundations, sovereign wealth funds, and other global institutional investors.
Funding Details
Company: COVENANT LAW, PLLC
Raised: $4.0M
Round: Seed
Funding Date: July 2025
Lead Investor: Flybridge Capital Partners
Additional Investor: Neil Barsky
Company Website: https://covenant.co/
Category: LegalTech / AI for Private Markets
Source: https://www.prnewswire.com/news-releases/covenant-raises-4m-seed-to-accelerate-ai-legal-innovation-for-private-markets-302505113.html