Source: Tech EU by Cate Lawrence
Today Belgian legaltech startup LegalFly announced the successful completion of its Seed funding round, raising over €2 million.
LegalFly is an artificial intelligence copilot tailored for legal teams, merging cutting-edge technology with exclusive legal data pooled from key partnerships.
Importantly it anonymises all legal documents, ensuring unparalleled data security for on-premise use. This is a game-changer for law firms seeking to boost their legal efficiency in litigation, contract review, and drafting.
According to CEO Ruben Miessen: “Our goal is to supercharge legal teams across law firms and corporate counsels, enhancing every aspect of their professional journey with our AI-driven Copilot. Our product-first mindset, refined through our experiences at Tinder and Match Group, drives us to create solutions that precisely meet user needs.”
The round was led by Redalpine, with Mehdi Ghissassi, Director of Product at Google DeepMind, contributing and underscoring the AI industry’s confidence in LegalFly’s mission.
Sebastian Becker, General Partner at Redalpine and newly appointed board member, shared: “The exceptional technical team at LegalFly has created a standout product leading to exceptional customer usage. This, combined with their highly effective go-to-market strategy, makes LegalFly perfectly positioned to lead the way in the fast-moving legal sector.”
Read full article: https://tech.eu/2023/11/28/ai-co-pilot-legalfly-secures-over-2m-in-seed-funding/
