Intelligent Legal Solutions (ILS), a London, UK–based legal technology company building workflow software for private funds lawyers, has secured funding, bringing its total raised to $3 million.
Investors
The round was led by Chicago Ventures, an early-stage venture capital firm that partners with founders to build enduring technology companies. Founded in 2012, the firm invests across a range of sectors, including legal, fintech, industrials, healthcare, and data tools. It typically leads early rounds and takes an active operational role alongside founders. Chicago Ventures has backed over 120 companies.
ILS Use of Funds
The company will use the proceeds from the seed round to accelerate development of the ProVision platform and expand its capabilities across the private funds legal workflow. ILS plans to invest in product development, engineering, and customer success.
About Intelligent Legal Solutions (ILS)
Founded in 2024 by Fergus Plant, Jack McCarthy, and Stefano Benigni, ILS is a global legal technology company focused on automating complex workflows for investment fund lawyers. Its flagship product, ProVision, is a side letter management platform designed to structure and streamline processes, including side letter tracking, comment memo management, and MFN workflows. ILS serves more than 10 of the world’s largest law firms, including Cleary Gottlieb, Fried Frank, Goodwin, Paul, Weiss, Proskauer, Ropes & Gray, and Willkie Farr & Gallagher.
Funding Details
Company: Intelligent Legal Solutions (ILS)
Raised: $3.0M
Round: Seed
Funding Date: March 2026
Lead Investor: Chicago Ventures
Additional Investors:
Company Website: https://www.ilsprovision.com/
Software Category: Legal Technology / Workflow Automation
Source: Intelligent Legal Solutions (ILS)