Raw Ventures’ Post

Wexler AI, a London-based legal intelligence platform, has secured $1.4 million in pre-seed funding, led by venture firm #MyriadVenturePartners. This funding round also saw participation from companies like #Tractable, #CreditKudos, #ComplyAdvantage, and #Moonpig. The platform leverages generative artificial intelligence (#AI) to #assist #legal #professionals by analyzing documents and building case strategies for litigation. It can extract key information from documents and answer legal queries, which promises to significantly streamline the complex and time-consuming process of legal case preparation. #GregoryMostyn, co-founder and CEO of Wexler, explained that the primary goal of this funding is to further develop the product and expand its customer base. Wexler’s platform has already made strides internationally, with users in regions such as continental #Europe, #Australia, #APAC, and the #U.S. “The funding will be directed toward developing the product further, particularly by adding more features related to dispute resolution and the entire lifecycle of a legal case,” Mostyn stated. “We are also focusing on a proper launch in the U.S. market.” #London #law #startup #funding #AIart https://lnkd.in/gqm3NGWZ

AI-driven legal tech startups are reshaping the industry with groundbreaking innovations and significant funding momentum. This article dives into the latest trends and highlights the key players driving this transformation. Essential reading for anyone passionate about the future of law and technology. #LegalTech #AIStartups #InnovationInLaw #LegalInnovation #TechFunding https://lnkd.in/eSu8s6qA

This is how easy your dealmaking / contracting process could be. Simplified live negotiations, context kept in chat surrounding the deal, intuitive flow. Soon to come - AI to help you generate a contract based on your chat 😎 Send me a message to get a trial account. #legaltech #contracts #agreements #startup #founders #esignature #legal

EvenUp, an AI startup that helps lawyers streamline tasks such as drafting and reviewing documents, was valued at over $1 billion, after it raised $135 million in a funding round led by Bain Capital Ventures. Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire and B Capital Group also participated in the round, which brought the company's total fundraise to $235 million. Over 1,000 law firms use EvenUp. Its claims intelligence platform, which provides insights and helps with drafting documents, is powered by an AI model trained on personal injury cases, medical records and internal legal expertise. https://lnkd.in/edahAUkT #LegalTechTalk #LegalTech #Legal #Law #AI #Funding

Who's ready to use Tech for Good??? Our upcoming #TechThursday webinar on May 2nd features two companies dedicated to #AccessToJustice: descrybe.ai is the singular, generative-AI legal search engine that anyone can access, use, and understand. The Justice Technology Association supports change makers who build technology solutions to increase equity in the legal system. Don't miss this rare opportunity to gain firsthand insights into the tools and solutions that are shaping the future of legal practice. Engage directly with the founders through thought-provoking discussions and Q&A sessions and connect with like-minded professionals in our vibrant community of legal innovators. 📌 Whether you're looking to revolutionize your practice, stay abreast of the latest trends, or connect with industry leaders, our Tech Thursday webinar series is your gateway to the future of legal innovation. 🔗 Register now and join us on Thursday, May 2 at 12:00 Eastern: https://lnkd.in/eC5Nqt_t #LegalTech #Startups #Innovation #Law #VentureCapital

Is AI the Future of Personal Injury Law?" 💡 EvenUp Inc., a groundbreaking startup specializing in personal injury law, has secured an impressive $135 million funding round, catapulting its valuation beyond the staggering $1 billion mark. This achievement underscores just how vital artificial intelligence (AI) and automation have become to our legal systems, particularly within personal injury cases.🚀 Championing progressive AI solutions designed to drive growth, EvenUp’s innovative technology is now utilized by numerous law firms globally. As a by-product of strategic corporate innovation and transformative approaches to modern case management, their revolutionary products are shaping the future of legal proceedings as we know it. But what's behind this skyrocketing success? It all boils down to one key strategy - collaboration! Ignite your corporate innovation! 🚀 Access state-of-the-art AI solutions with us that can serve as your stepping stone towards tremendous growth in this digital era! Book a meeting via https://lnkd.in/dB9R8b9V today! Become part of our extensive network comprising over 160K+ dedicated investors, savvy corporate decision-makers, and dynamic startup founders. Counter challenges through collaborative endeavor while harnessing exclusive access to fledgling startups poised for success [CONTINUES] Together we can transform your cutting-edge innovation strategies into outstanding ventures generating fresh revenue streams while streamlining operations with unparalleled productivity. Are you ready to ride on this wave of change affecting personal injury law? Full story here ➡️ https://lnkd.in/dgB47jcZ #EvenUp #LawTech #AI #LegalInnovation #PersonalInjuryLaw #TechStartup #InvestmentNews #Automation #CorporateGrowthStrategy  #DigitalTransformation

Today, legal tech startup Coheso emerged from stealth mode with the public launch of its genAI-powered legal intake and work management platform for in-house legal and compliance teams. Congrats on the new venture, Ned Gannon - always a pleasure to chat. Congrats also to co-founders Manish Agnihotri, Chirag Mehta & Aditya Rathod. Read more in Legaltech News | Law.com. https://lnkd.in/ejMUh3Ff

London-based #LegalTech Luminance has raised £32m ($40m) in a Series B funding round led by Santa Monica-based growth-stage venture firm, March Capital. Founded in Cambridge, Luminance specialist legal Large Language Model (LLM) automates the generation, negotiation and analysis of contracts and other legal documents. The company’s rapidly growing customer base now spans 600 organisations in 70 countries, from global manufacturers such as Koch Industries, Hitachi and Yokogawa, to insurers including Liberty Mutual, as well as pharmaceutical giants such as LG Chem. The investment also included participation from National Grid Partners and other existing investors, including Slaughter and May. Off the back of 5x ARR growth in the last two years, the latest funding round will be used to propel Luminance’s global growth and expand its footprint in the US as the company continues to drive unprecedented innovation and leadership in the legal AI market. Eleanor Lightbody, CEO of Luminance, said: “The past 12 months have seen huge technical achievements from our Cambridge R&D hub. “This latest round of funding will help us to bring our technology to new markets, strengthen our foothold in the US where Luminance now generates over one third of its revenue, and solidify our position as the clear market leader in this space.” The company’s technology has been used in a number of world-firsts for AI. For example, in late 2023 during a live demonstration to the BBC, Luminance became the first AI in the world to completely automate the negotiation of a contract, without human intervention, between two opposing parties. Luminance was also the first use of AI at London’s highest criminal court, the Old Bailey, where it allowed counsel to cut the time spent reviewing evidence by four weeks. Hyun Koo, partner at March Capital, added: “We are thrilled to partner with their highly technical and growth-minded team to help build a successful, leading and global legal AI company.” Ian Cooper, managing director at National Grid Partners, stated: “Luminance’s innovative legal LLM and advanced AI assistant shows great promise in being able to relieve contract processing bottlenecks and enhance contract performance monitoring.” Sally Wokes, partner at Slaughter and May, said: “It is fantastic to see the market validating our belief in the ground-breaking innovation that the company is bringing to the sector." https://lnkd.in/ePhuDbye

AI had been there twenty years ago, or longer, but with different name. Unfortunately, technology started from doing bad. The core of xG wireless communication is CDMA technology, which is one of the commercialized US anti-human military C4ISR via intellectual property (IP): communication data link between satellite and combat units in the field. AI is also NOTHING new but a bundle of applications of military C4ISR the US tried to commercialize for cash. Breaching enemy's security, misinformation, etc., are AI's original military missions. AI or computer was created by human intelligence (HI). It can do many things, but NOT everything Yes, AI can do many things, but NOT everything. Without data, AI means NOTHING. Without metadata, NO data can be found/retrieved, even by the most advanced technologies, like AI, supercomputers, etc. https://lnkd.in/g-aJFnXR With our intellectual property (IP), we are doing what ChatGPT, an icon of AI, can NOT do in data analytics. Do you need our expertise or IP? Thanks.

💫 Meet the #StartUps Revolutionizing #LegalTechnology! These trailblazing teams are shaping the future of legal tech, and you’ll have the chance to meet them in person at Legal Innovators California! Here’s a look at the innovators you’ll encounter: 🔹 LawDroid - Generative AI Legal Technology 🔹 Incorporight Inc. 🔹 Recital 🔹 Ivo 🔹 Abstract 🔹 Centari 🔹 Coheso 🔹 CallidusAI 🔹 SimpleClosure From exhibiting in our Start Up Alley to pitching directly on the main stage, these companies are ready to network, share insights, and showcase their cutting-edge technologies. Final passes are live, but won’t be forever! Secure your place now: https://lnkd.in/eMqvvptS Richard Tromans | Artificial Lawyer | International Legal Technology Association (ILTA) | Association of Certified E-Discovery Specialists (ACEDS) | Law Insider | #legalinnovatorscalifornia #LegalInnovation #LegalTech #LawTechConference #LegalDisruption #LegalTechSolutions #sanfransicoevents #legalevents #legalinnovators #LegalInsights #TechInLaw