I’m thrilled to announce that Prospect is joining Crosby, where I will lead marketing. Today, we’re announcing our $60M Series B led by Lux Capital & Index Ventures, with participation from Sequoia… | Billy Gallagher | 42 comments
Summary
Crosby announced a $60 million Series B led by Lux Capital and Index Ventures, with participation from Sequoia Capital, Elad Gil, Bain Capital Ventures, and 01 Advisors. The company positions itself as an AI-native services firm focused on contracts and legal workflows. It says its hybrid model combines expert attorneys with AI researchers and frontier models to speed up contract signing. The company also noted rapid business growth, with client contracts rising from $30 million at launch to more than $1 billion. Billy Gallagher joined Crosby and said the company is hiring for multiple key roles.
Funding
Amount
$60.0M
Total raised
Date
March 31, 2026
Announcement date
Investors
Tishman Speyer, Bain Capital Ventures, Sequoia Capital, Lux Capital, 01 Advisors, Index Ventures
Lead investors
Company
https://crosby.ai
Funded company
AskAI Classifications
Sectors
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Functions
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