CS Disco Inc. announced that it expects to receive $49.999998 million in funding
January 14, 2019
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CS Disco Inc. announced that it will issue 24,911,563 series E preferred stock at an issue price of $2.0071 per share for gross proceeds of $49,999,998.097 on January 15, 2019. The company will issue securities pursuant to exemption provided under Regulation D. The shares will be redeemable and convertible into common shares at a fixed conversion price of $2.007 per share. The round will be raised at post money valuation of $318,678,453.
CS Disco, Inc. provides cloud-native, artificial intelligence (AI)-powered legal product offerings that simplify legal hold, legal request, ediscovery, legal document review and case management for enterprises, law firms, legal service providers, and governments. The Companyâs integrated product offerings enable legal departments to collect, process and review enterprise data that is relevant or potentially relevant to legal matters. Its comprehensive product offerings include DISCO Hold, DISCO Request, DISCO Ediscovery, DISCO Review, and DISCO Case Builder. DISCO Hold automates the manual work necessary to comply with preservation requirements, empowering legal teams to preserve data, notify custodians, track holds with a defensible audit trail, and collect data when ready. DISCO Request automates response compliance for legal requests like service of process requests, subpoenas, and law enforcement requests, giving legal teams control and visibility from intake to resolution.
CS DISCO, INC. 
