Source: Law.com
Macro CEO Jacob Beckerman announced that the software company raised $12 million in Series A funding led by venture capital firm Andreessen Horowitz and including BoxGroup, Craft Ventures and 3kVC.
The New York-based startup offers a productivity suite allowing users, including legal professionals, the ability to streamline communication and format documents, and deploy artificial intelligence to make the platform more interactive and identify errors.
Macro’s PDF editor uses AI to insert missing hyperlinks to various pages or sections of documents that are navigable in a similar fashion to website browser tabs. It also allows users to view previews of documents when they’re in need of cross-referencing, according to TechCrunch.
Beckerman said Macro aims to build a suite for apps for mechanisms such as PDFs and documents around AI instead of having them operate their own siloed apps, according to his LinkedIn announcement. “Our take: the Office Suite needs to be rewritten from scratch for the AI era,” he said. “The Office Suite should be one super app, not 11 siloed apps and chatbots.” Beckerman also said capabilities for notes, coding, images, emails and more are coming soon. Last year, Macro received $9.3 million in funding led by Andreessen, bringing its total funding to $21.3 million. Andreessen has previously invested in other legal tech companies, including Atrium and Everlaw.
Read the full article: https://www.law.com/legaltechnews/2024/11/27/-productivity-suite-startup-macro-announces-12-million-funding-round-/
