AI-Powered Spend-Management Platform Brightflag Raises $8.5M Series A Funding

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Brightflag, an e-billing and spend-management platform for corporate legal departments that uses artificial intelligence to review outside counsel invoices, has raised $8.5 million in a Series A funding round, bringing the company’s total raise to $11 million.

The round was led by Sands Capital Ventures, Arlington, Va., with participation from existing investors Frontline Ventures…