Company

ThoughtTrace Group, Inc.

ThoughtTrace Group, Inc. offers AI-driven document and contract analysis for legal teams, including its CoCounsel product.

About

Founded in 1990 and headquartered in Houston, US, ThoughtTrace Group provides AI-powered legal tools, including CoCounsel for contract and document analysis and Practical Law for legal research resources. Its clients include corporate legal departments and law firms in North America, Europe and Asia-Pacific, usually on annual subscriptions. In March 2022, Thomson Reuters Corporation agreed to acquire the company, completing the deal in May 2022. Its latest round was USD 10.000 mn in Series A funding led by McRock Capital.

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