Crosby Secures $5.8M Seed to Launch AI-Native Law Firm Delivering Sub-Hour Contract Review

Crosby, the first AI-native law firm, emerged from stealth with a $5.8 million seed led by Sequoia Capital, with Bain Capital Ventures and prominent angels participating. 

Co-founders Ryan Daniels, former Cooley attorney, and CTO John Sarihan, early Ramp engineer, said the firm’s proprietary LLM plus attorney oversight reviews MSAs, NDAs and other contracts in under an hour, targeting minutes. 

The 19-person team has already processed 1,000 startup agreements for clients including Cursor and Clay. Josephine Chen of Sequoia called contract review a “bull’s-eye use case for generative AI” in the $300 billion legal market worldwide today. Funds will grow engineering and enhance the agent.

Featured image: Credit: Crosby

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