Casetext, Inc.

Businessfiled

Casetext, Inc. operates in Other, based in San Francisco, CA, USA; Remote. We make the world's laws free and understandable.

Sub-sector tags: Artificial Intelligence, Legal.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

Capital & rounds (filed)filed

Casetext, Inc. has raised $54M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $25M on 2021-12-23.

Most recent recorded round closed around 2021-12-23.

Valuation (modeled)modeled

Provath models Casetext, Inc. at approximately $288M (range $63M–$837M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.96× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era. Within the normal band (96% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 21 months.

Last raise 4.5 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 3.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 94% of Other peers (25015 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: MStar Holding Corp, Chlorum Solutions Llc, IFS Management Holdco, LLC, Benefit Recovery Group, LLC, Shenandoah Growers, Inc..

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.