DiliTrust Company Profile
Background
Overview
DiliTrust is a leading provider of secure, collaborative, and efficient governance solutions, specializing in software designed to streamline corporate and legal governance activities. Founded in 2005 and headquartered in Paris, France, the company has established a strong presence in over 64 countries, serving more than 2,400 clients, including major corporations such as BNP Paribas, AccorHotels, Capgemini, and Renault.
Mission and Vision
DiliTrust's mission is to simplify the digital transformation of legal operations for organizations of all sizes. The company aims to empower legal departments and corporate boards by providing intuitive, AI-powered solutions that enhance efficiency, collaboration, and decision-making processes. Their vision is to be the global leader in governance solutions, enabling clients to manage legal and corporate activities with confidence and agility.
Primary Area of Focus
DiliTrust focuses on delivering a comprehensive suite of governance solutions that address the unique challenges faced by legal departments and corporate boards. Their offerings include modules for board management, contract lifecycle management, legal entity management, litigation management, and secure data rooms. These solutions are designed to centralize and organize critical legal data, streamline workflows, and ensure compliance with regulatory requirements.
Industry Significance
As a pioneer in the LegalTech industry, DiliTrust has played a pivotal role in transforming how legal and corporate governance functions are managed. By integrating advanced technologies such as artificial intelligence and machine learning, the company has set new standards for efficiency, security, and user experience in legal operations. Their commitment to innovation and client-centric solutions has solidified their position as a trusted partner for organizations seeking to modernize their legal processes.
Key Strategic Focus
Core Objectives
- Digital Transformation: Accelerate the adoption of digital solutions within legal departments to enhance operational efficiency and strategic decision-making.
- Global Expansion: Extend the company's reach into new international markets, particularly in North America and the Middle East, to serve a broader client base.
- Product Innovation: Continuously develop and integrate advanced technologies, including AI and machine learning, to offer cutting-edge solutions that meet evolving client needs.
Specific Areas of Specialization
- Board Management: Provide secure and efficient platforms for managing board meetings, agendas, and documentation.
- Contract Lifecycle Management: Offer tools to streamline the creation, review, approval, and monitoring of contracts.
- Legal Entity Management: Centralize and organize data related to legal entities to ensure compliance and facilitate informed decision-making.
- Litigation Management: Enable effective tracking and management of legal cases and disputes.
- Secure Data Rooms: Facilitate the secure sharing and storage of sensitive documents.
Key Technologies Utilized
- Artificial Intelligence (AI): Integrate AI to automate routine tasks, enhance data analysis, and improve decision-making processes.
- Machine Learning: Employ machine learning algorithms to continuously improve the accuracy and efficiency of legal operations.
- Cloud Computing: Utilize cloud-based solutions to ensure scalability, accessibility, and security of services.
Primary Markets Targeted
- Legal Departments: Support in-house legal teams in managing their operations more effectively.
- Corporate Boards: Provide tools for board members to collaborate securely and make informed decisions.
- Multinational Corporations: Serve large organizations with complex governance and compliance requirements.
Financials and Funding
Funding History
DiliTrust has secured significant funding to support its growth and expansion initiatives. In May 2022, the company raised €130 million from investors including Cathay Capital, Eurazeo, and Sagard NewGen. This investment was aimed at accelerating international expansion, product innovation, and recruitment efforts.
Total Funds Raised
As of August 2025, DiliTrust has raised a total of $144 million in funding.
Recent Funding Rounds
- May 2022: Raised €130 million from Cathay Capital, Eurazeo, and Sagard NewGen.
- September 2024: Acquired U.S.-based Enterprise Legal Management software company doeLEGAL, enhancing its presence in the North American market.
Notable Investors
- Cathay Capital: A global investment firm supporting companies in their international expansion.
- Eurazeo: A leading global investment company with a diversified portfolio.
- Sagard NewGen: A private equity firm focusing on growth-stage companies.
Intended Utilization of Capital
The funds raised are intended to:
- Accelerate International Expansion: Establish a stronger presence in North America and other strategic markets.
- Drive Product Innovation: Enhance existing solutions and develop new features to meet evolving client needs.
- Support Recruitment: Attract and retain top talent to fuel growth and innovation.
Pipeline Development
Key Pipeline Candidates
- DoeLEGAL Acquisition: The acquisition of doeLEGAL in September 2024 has integrated matter management, e-billing, and e-discovery solutions into DiliTrust's offerings, expanding its product suite and market reach.
Stages of Development
- Integration Phase: Currently integrating doeLEGAL's solutions into the DiliTrust platform to offer a comprehensive suite of legal management tools.
Target Conditions
- Legal Operations: Enhance the efficiency and effectiveness of legal departments through integrated solutions.
Anticipated Milestones
- Q1 2025: Completion of integration of doeLEGAL's solutions.
- Q2 2025: Launch of enhanced platform with expanded capabilities.
Technological Platform and Innovation
Proprietary Technologies
- DiliTrust AI: An AI-native platform that simplifies and connects every dimension of legal work, empowering corporate legal teams to move faster, reduce risk, and drive business decisions.
Significant Scientific Methods
- Information Extraction in Legal Documents: Utilizes AI to extract and summarize key information from complex legal documents.
- Multilingual Knowledge Transfer: Applies machine learning to transfer knowledge across multiple languages, enhancing accessibility and usability.
- Layout Analysis and Document Structure: Employs AI techniques to analyze and structure complex documents, improving data extraction and usability.
Leadership Team
Executive Profiles
- Yves Garagnon – CEO: With over 25 years of experience in the software industry, Yves has been instrumental in DiliTrust's growth and innovation. Under his leadership, the company has expanded its global footprint and enhanced its product offerings.
- A. G. – Chief Product Officer: A seasoned professional in product development, A. G. oversees the strategic direction and execution of DiliTrust's product initiatives, ensuring alignment with market needs and technological advancements.
- N. E. – Chief Sales Officer: N. E. leads the sales strategy and operations, driving revenue growth and expanding DiliTrust's client base across various regions.
- C. B. – Chief People Officer: C. B. is responsible for talent acquisition, development, and retention, fostering a culture of innovation and excellence within the organization.
Competitor Profile
Market Insights and Dynamics
The LegalTech industry is experiencing rapid growth, driven by the increasing need for digital transformation in legal operations. Organizations are seeking solutions that enhance efficiency, ensure compliance, and support strategic decision-making. DiliTrust's comprehensive suite positions it well to capitalize on these trends.
Competitor Analysis
- Quip: A collaborative productivity software that competes in the board management space.
- BoardDocs: Provides electronic board management solutions, offering features for agenda creation and document management.
- BoardEffect: Offers board management software with tools for meeting management and document sharing.
Strategic Collaborations and Partnerships
DiliTrust has formed strategic alliances to enhance its product offerings and market reach:
- Hyperlex Acquisition