Source: EIN
Skribe.ai, the pioneering legaltech platform dedicated to transforming the testimony capture process for litigation professionals and their firms, proudly announces the successful progression of its funding campaign.
Skribe achieved its $3.5M raise and is formally extending their Seed Round goal to $4.5M. This extension enables the Skribe team to accelerate growth into targeted states and cities as it transforms how legal testimony is captured. Additionally, this funding empowers the core leadership team to strategise and execute early-stage initiatives in preparation for widespread commercialisation. The remaining $1 million raise will be allocated towards aggressively expanding the customer success, sales, and marketing teams, further propelling revenue growth and enhancing AI features to deliver outstanding value to clients.
Tom Irby, CEO of Skribe.ai, conveyed his excitement, saying, “We are thrilled to announce the extension of our Seed Round. Our vision is to shift the industry away from the outdated, costly, and time-consuming old-school court reporting methods. Skribe’s modern application empowers attorneys to efficiently capture, analyze and share testimony through the use of video and AI-driven software. Dramatic cost reductions and introducing velocity to workflows allows Skribe users to experience game-changing results with their case workflow. This extended fundraise positions us for growth as we execute our strategy with a focus on populous states with extensive litigation.”
Read full article: https://www.einnews.com/pr_news/713429514/skribe-ai-extends-seed-round-to-4-5m-to-accelerate-growth
