Manifest OS raises $60m to build AI-native law firms and replace billable hour model

Manifest OS, an AI legal technology startup, has raised $60 million in Series A funding at a $750 million valuation. Led by Menlo Ventures, Kleiner Perkins, First Round Capital, and Quiet Capital, the company builds and supports law firms that operate on outcomes-based pricing rather than billable hours. It uses AI to automate research, data handling, and drafting tasks. Manifest OS operates law firms under the Manifest Law brand, incubating its first firm in business immigration through Arizona's Alternative Business Structure program. Each firm combines a unified brand, an end-to-end AI platform, and a centralized back office. Founder Dan Mishin explained the company's deliberate choice not to sell software to existing firms, which have financial incentives to bill more hours. Instead, they partner with forward-thinking lawyers to help them become market leaders in their respective practice areas, with AI at their core from day zero. Ilya Fushman of Kleiner Perkins noted that selling AI-native services is where the industry's value will be concentrated, and Manifest OS is uniquely positioned to build a category-defining market leader.

(Source：Complete Ai Training)