Source: PR Newswire
Bench IQ, the groundbreaking AI-powered legal technology company, is transforming the landscape of legal research by offering unparalleled insights into judges’ rulings. The company recently announced the successful closure of a $2.1M (USD) pre-seed funding round. This investment was co-led by notable VCs Maple and Haystack. It also received contributions from tech leaders such as Jason Boehmig, CEO of Ironclad, and Qasar Younis, CEO of Applied Intuition and former COO of Y-Combinator. Additionally, top law firms like Cooley, Fenwick, and Wilson Sonsini, along with senior partners at Kirkland & Ellis, participated. This underscores the tech and legal community’s belief in Bench IQ’s disruptive approach to legal research.
Founded by the pioneering minds behind ROSS Intelligence, Bench IQ was created by CEO Jimoh Ovbiagele, CTO Maxim Isakov, and a former Kirkland & Ellis partner, Jeffrey Gettleman. The company addresses a long-standing issue in legal practice: the fact that judges publish written opinions for only about 3% of all rulings. By leveraging the latest advancements in Large Language Models (LLMs), Bench IQ has compiled and is exploiting a new legal dataset. This dataset provides comprehensive insights into the decision-making patterns of judges, covering 100% of their rulings. Details on this achievement are currently confidential due to pending patents.
“We created Bench IQ for the best and brightest, working on cases with the highest stakes. They work tirelessly to deliver the best results. We help them anticipate the unexpected and leave absolutely nothing to chance,” said Ovbiagele. At present, Bench IQ is privileged to partner closely with 12 of the AmLaw 100 firms and counting. Given the competitive advantage Bench IQ offers, the company must keep these partnerships confidential to maintain its clients’ edge. Bench IQ looks forward to sharing more soon as circumstances change.
