AI-powered legal copilot Robin AI secures $26M in Series B funding

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Source: TechEU

On Wednesday 3rd of January, AI-powered legal copilot Robin AI, announced that it has raised $26 million in Series B funding. This brings the company’s funding to $43.6 million.

Founded in 2019, Robin AI leverages the power of generative AI to automate and speed up the process of drafting and negotiating contracts, as well as extracting information from across entire contract repositories through simple search.

CEO and co-founder Richard Robinson, said: “We’ve seen incredible customer traction with what we believe is the smartest AI contract copilot on the market. But this is just the beginning. We are building the AI platform for the legal sector – a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts – our AI will help people tackle every legal task.”

Carina N., Partner at Plural Platform , commented, “Robin is delivering AI products to an astonishing volume and range of customers – serious businesses across sectors that are using it today to transform how they work. And they’ve only scratched the surface. I have backed this team since inception and couldn’t be more bullish about their ability to win the global legal market.”

Read full article: https://tech.eu/2024/01/03/ai-powered-legal-copilot-robin-ai-secures-26m-in-series-b-funding/

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