Former Doctrine CEO Nicolas Bustamante has sold his latest startup, Synapse, to Microsoft just two years after its founding. The acquisition, finalized in late 2023 for an undisclosed sum, marks a swift exit for the legal tech entrepreneur.
Bustamante co-founded Synapse in 2021 following his departure from Doctrine, a leading French legal research platform he led for five years. Synapse developed an AI-powered platform designed to help lawyers and legal teams efficiently analyze, summarize, and extract insights from complex case law and legal documents. The startup had raised approximately €2 million in seed funding from investors including Frst, Raise Sherpas, and several business angels.
Microsoft plans to integrate Synapse's technology into its existing suite of professional tools, notably within the Microsoft 365 ecosystem, to enhance productivity and data analysis capabilities for legal and professional services sectors. The entire Synapse team has joined Microsoft as part of the deal.
This acquisition underscores the intense competition among major tech firms to acquire innovative AI and data analytics capabilities, particularly those targeting specialized professional domains. For Bustamante, it represents a second successful venture in legal tech, following Doctrine's own growth and significant fundraising prior to his exit.