Artificial intelligence is steadily transforming professional services, but few sectors remain as document intensive and time consuming as mergers and acquisitions. From preparing data rooms and reviewing contracts to conducting legal due diligence, M&A transactions often involve thousands of documents that must be analysed accurately within tight deadlines. While technology has improved parts of the process, many legal workflows still depend heavily on manual review and specialist expertise. Belgian startup Duely believes the future lies in combining artificial intelligence directly with legal service delivery, and the company has now secured fresh funding to accelerate that vision across Europe.
Duely has raised €1.1 million in a funding round led by Scalefund and Golden Egg Check. The investment also attracted participation from ML6 alongside a group of angel investors from the technology, finance, and mergers and acquisitions sectors in Belgium and the United Kingdom.
The new capital will support the company’s growth strategy, product development efforts, and expansion within the European market.
From Technology Platform to Legal Services Provider
Duely was originally established as an API first technology company focused on developing artificial intelligence capabilities for virtual data rooms.
Virtual data rooms play a central role in mergers and acquisitions by providing secure environments where transaction documents can be shared, organised, and reviewed by stakeholders.
Recognising the significant inefficiencies associated with document management during complex transactions, Duely developed proprietary AI technology capable of automating many of the tasks involved in handling large volumes of information.
Its technology was designed to help organisations process transaction related documents more efficiently while improving accuracy and reducing administrative workloads.
Expanding Beyond Software
In early 2026, Duely took a significant strategic step by moving beyond software development and entering the legal services market directly.
Rather than simply providing tools to law firms and advisory teams, the company began offering AI enabled legal services for mergers and acquisitions transactions.
This approach allows Duely to apply its technology directly to client work while combining artificial intelligence with human legal expertise and oversight.
The company now supports a range of critical transaction activities, including data room preparation, legal due diligence, document review, and other document intensive processes associated with acquisitions and investments.
By integrating technology and service delivery, Duely aims to create a more efficient model for managing legal work during transactions.
Improving Efficiency Across M&A Transactions
Mergers and acquisitions involve significant volumes of information that must be reviewed carefully before deals can be completed.
Traditional processes often require teams of legal professionals to spend considerable time examining contracts, identifying risks, and organising documentation.
Duely’s platform automates many of these repetitive tasks, helping reduce the time required to analyse information while allowing legal experts to focus on higher value work.
The company believes this combination of AI driven workflows and professional oversight can improve both speed and consistency throughout the transaction process.
As dealmaking activity continues to increase across Europe, demand is growing for solutions capable of managing legal complexity more efficiently.
Building an AI Native Service Model
Unlike many legal technology providers that focus exclusively on selling software, Duely has adopted an AI native service model.
The company applies its technology directly to the delivery of legal services rather than licensing tools to external firms.
This strategy enables it to control the entire workflow while continuously improving the underlying platform through practical client engagements.
The model also reflects a broader trend in professional services, where technology is increasingly becoming embedded within service delivery rather than functioning as a separate product.
Expanding Across Europe
Duely already works with organisations including Corporatewise, FincoEnergies, team.blue, and Sofindev.
With fresh funding secured, the company plans to accelerate its growth throughout Europe while continuing to invest in its artificial intelligence platform.
The investment will support further product innovation, team expansion, and broader market development efforts.
As artificial intelligence continues reshaping industries that have traditionally relied on manual expertise, Duely is positioning itself at the forefront of a new category of AI native professional services. By combining advanced technology with legal knowledge, the company aims to streamline mergers and acquisitions while helping organisations navigate increasingly complex transactions more efficiently.