Source: betakit
By Josh Scott
Toronto-based CiteRight and Ottawa-based Jurisage AI have reached an agreement to combine under the name Jurisage.
CiteRight’s software helps lawyers organize and assemble litigation materials, while Jurisage has developed artificial intelligence (AI) technology for analyzing case law. Together, the two Canadian legaltech startups hope to deliver a comprehensive, integrated legal research and drafting solution.
Both companies declined to disclose the financial terms of the deal, which was announced Sept. 5 and is expected to close during the fourth quarter. Jurisage co-founder and CEO Colin Lachance described the deal to BetaKit as “a merger of equals, supported by some additional funding,” noting that the combined entity will look to raise more capital in 2024.
“The merger between our companies made sense from the outset,” CiteRight founder and CEO Aaron Wenner told BetaKit. “Together, our goal is to weave AI insights into…
Read full article: https://betakit.com/citeright-and-fellow-canadian-legaltech-startup-jurisage-ink-deal-to-merge/
