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Deposely

AI-assisted deposition outlines and testimony review

Overview

Deposely provides AI-powered support for lawyers during depositions. It acts as a second chair by helping with outlines and strategy before and during a deposition, surfacing insights in real time, and automatically reviewing testimony after it’s given. This helps legal teams prepare more thoroughly, find important points more efficiently, and improve overall outcomes. Compared to others, Deposely focuses on the deposition process with an integrated workflow—preparation, live insight surfaces, and post-deposition review—trusted by leading firms. The company's goal is to improve the quality and effectiveness of depositions to achieve better case results.

Significant Headcount Growth

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About Deposely

Simplify's Rating
Why Deposely is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareLegal

Company Size

11-50

Company Stage

Seed

Total Funding

$6.6M

Headquarters

Seattle, WA

Founded

2024

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Simplify's take

What believers are saying

  • Litem said on August 19, 2026 it is tracking $10 million ARR by year-end.
  • Free Deposely Essentials, launched February 18, 2025, lowers trial friction for lawyers.
  • Litem Facts, arriving fall 2026, extends the product from depositions into full discovery.

What critics are saying

  • Verbit and Litem now compete directly on live AI deposition assistance in 2026.
  • Law360 flagged confidentiality and unauthorized-practice concerns around AI deposition tools in May 2025.
  • If firms standardize on bundled litigation platforms, Deposely's standalone product becomes obsolete.

What makes Deposely unique

  • Deposely became Litem on August 19, 2026, spanning documents through live testimony.
  • Its platform uses source documents and real-time transcripts to flag contradictions during depositions.
  • Litem serves over 20,000 legal professionals across 50-plus Am Law 200 firms.

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Funding

Total Funding

$6.6M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$6.2M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Paid Holidays
  • Parental Leave
  • Hybrid Work Options
  • Remote Work Options
  • Commuter Benefits
  • Wellness Program
  • Company Equity

Growth & Insights and Company News

6 month growth

46%

1 year growth

46%

2 year growth

46%
U.S. Securities and Exchange Commission
Oct 26th, 2026
EDGAR Filing Documents for 0002050445-26-000001

EIN.: 994176471 | State of Incorp.: DE | Fiscal Year End: 1231Type: D | Act: 33 | File No.: 021-597555 | Film No.: 261380617

LexBlog
Feb 18th, 2025
Deposely Launches Free Gen AI Tools for Deposition Work, Previews Comprehensive AI Deposition Platform

Legal technology startup Deposely today announced the launch of Deposely Essentials, a free suite of AI-powered tools for analyzing deposition transcripts, while also previewing its broader platform that provides comprehensive AI assistance for the entire deposition lifecycle.

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