Third Chair
PrivateLast Round
Seed
Jan 21, 2026
Total Funding Raised
$3.3M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Third Chair is a business/productivity software company that develops AI-driven legal workflow automation tools for in-house legal teams to identify intellectual property violations and monetize licensing revenue.
Sector
Enterprise Software
Verticals
Legal Tech, Workflow Automation, NLP & Conversational AI, Document Management, Compliance & Risk
Business Model
B2B
Customer Profile
Revenue Share, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Third Chair Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Third Chair Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Jan 21, 2026 | ||||
| Seed | Jun 11, 2025 | ||||
| Accelerator | Apr 1, 2025 |
Third Chair Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Batch Ventures | Seed |
| Singularity Capital | Seed |
| Batch Ventures | Seed |
| Y Combinator | Seed, Accelerator |
| FundersClub | Seed |
| 468 Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 2, 2026
Grew 27% QoQ from 11 to 14 employees.
- May 4, 2026
Grew 33% QoQ, from 12 to 16 employees.
Third Chair Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Third Chair's valuation, stock price, and market status.