Source: TechCrunch
UK-based legal tech startup Lawhive, which allows small, ‘Main Street’ law firms to run their affairs through an AI-based SaaS platform, is on something of a tear. In April it raised an $11.9 million Seed round. It’s now raised a $40million in Series A funding to expand in the US. The round was co-led by existing investor GV (Google Ventures) and TQ Ventures.
Founded in 2019 by Pierre Proner (CEO), Jaime Van Oers (CTO), and Flinn Dolman, Lawhive automates a lot of the heavy lifting for consumer lawyers, speeding up their response times, allowing them to serve more customers, and, they claim, reducing costs for customers by up to 50%.
Pierre Proner, CEO of Lawhive said: “I’m sure we’ll see competition emerge [in the U.S.], but as of right now we’re first movers in this space.”
Lawhive says its AI, named “Lawrence,” has passed part one of the Solicitors Qualifying Examination (SQE). Lawyers can also use the platform to work with their own clients or be matched with consumers and small businesses through the Lawhive marketplace.
Read the full article: https://techcrunch.com/2024/12/04/lawhive-raises-40m-to-go-after-main-street-us-lawyers/
