Newcode Raises $13.5M Series A to Grow U.S. Market and Boost AI Tools
Newcode announced a $13.5 million Series A round led by OnDean Forward and Relativity.
Why it matters: This funding signals strong investor confidence in legal AI startups and may accelerate innovation for law firms and legal departments using AI-powered tools.
- Newcode raised $13.5 million in Series A funding on August 24, 2026.
- Investors include OnDean Forward, The LegalTech Fund, Antiportfolio Ventures, and Relativity's Rel Labs.
- Newcode plans to expand its U.S. presence and enhance customer support and product development.
- The company increased its Irish team to 60 employees and serves over 2,150 barristers via The Bar of Ireland.
Newcode, a Norway-based legal AI startup, announced a $13.5 million Series A funding round on August 24, 2026, led by OnDean Forward with participation from The LegalTech Fund, Antiportfolio Ventures, and Rel Labs, the investment arm of Relativity. This round boosts Newcode’s total funding in 2026 to $20 million, including a $6.5 million seed round closed in March 2026.
The capital will support Newcode’s plans to expand operations in the U.S., strengthen customer support teams, and accelerate product development efforts, positioning the startup for broader adoption in the competitive legal AI market. Founder and CEO Maged Helmy emphasized the firm’s mission to empower law firms with AI capabilities that are custom-built and controlled internally.
Newcode has already seen significant growth in its Irish operation, doubling its headcount to 60 employees since March 2026. The company also expanded its market footprint by becoming the AI provider for The Bar of Ireland, supporting over 2,150 barristers nationwide. Donna O’Leary, Director and Head of Newcode AI Ireland, highlighted this milestone as a key part of the startup's international expansion.
Andrew Sieja, Founder of Relativity and principal partner at OnDean Forward, expressed enthusiasm about partnering with Newcode to offer law firms a way to own their AI stack and to accelerate the use of AI across legal practice and business functions.
This new funding round and strategic partnerships underscore the growing momentum behind AI-driven legal technologies and hint at accelerated innovation and competition within the space as firms seek advanced AI tools tailored to their needs.
By the numbers:
- $13.5 million — Series A funding announced August 24, 2026
- $20 million — total funding raised by Newcode in 2026 including seed round
- 60 employees — Irish headcount after doubling since March 2026
- 2,150 barristers — served by Newcode through The Bar of Ireland