This article covers a strategic investment on 17 September 2025 in Intelligent Legal Solutions (ILS), a UK-based company behind ProVision, a side letter management platform that automates time-consuming legal tasks for fundraising. The amount was not disclosed and the round was led by The LegalTech Fund (TLTF).
ProVision is a software platform for managing side letters and fund documentation during investment fundraising. It automates side letter negotiation, manages MFN processes and provides a searchable provision database to speed drafting.
Law firms and fund counsel face slow, manual and error-prone processes when managing side letters and MFN negotiations. This wastes time and makes drafting and negotiation inefficient and inconsistent.
ILS helps by automating side letter management, MFN processing and providing a searchable provision database to speed drafting. The platform centralises provisions and streamlines negotiations so lawyers can focus on higher-value work.
Intelligent Legal Solutions (ILS) raised an undisclosed amount in a strategic investment from The LegalTech Fund (TLTF).
Key investors in this transaction included:
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Intelligent Legal Solutions (ILS) is based in London, UK.
Intelligent Legal Solutions operates in the legal technology sector. The sector develops software that automates and improves legal work. This saves time on routine tasks and lets lawyers focus on complex advice.
Key trends and challenges in the legal technology sector:
AI and automation speed routine legal work, for example clause libraries and review tools, freeing lawyers for strategic work.
Lawyers handle sensitive data, so firms must meet GDPR and confidentiality rules to avoid fines and reputational harm.
New tools must integrate with case systems like iManage and win lawyers' trust, or they remain unused.
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