LitiGate, an AI-powered legal analysis platform, has raised $5 million in total seed funding, the company announced on Sunday.
The round was led by Paris-based ed-tech-focused venture capital firm Brighteye Ventures and with the participation of existing investors Firstime Ventures, Rhodium Ventures, and top Israeli law firm Shibolet & Co.
The Tel Aviv-based legal tech startup raised its first $1.5 million. It announced an additional $3.5 million raised this month.
Founded in 2017 by Guy Uziel and Nimrod Aharon, LitiGate equips legal teams with a system that offers an argument analysis solution for dispute resolution using advanced AI algorithms. It also automates daily repetitive tasks for litigators, such as document timelines, and case chronologies.
“LitiGate is using proprietary artificial intelligence to let lawyers focus on what they do best – advising clients on the law. I spent what was probably my best decade doing precisely the work that we automate and we are delighted to raise this money to expand LitiGate even further,” said Aharon.
The company, which has an office in London, also says its platform is already being used by top law firms in the United Kingdom.
“LitiGate allows legal teams to leverage deep learning to parse document loads and recommend the right areas of focus to teams of associates. Far from replacing function, they augment the capabilities of legal teams and allow them to concentrate on lateral thinking and creative problem solving,” said Alex Spiro, managing partner at Brighteye Ventures.
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