Antidote, a London, UK–based AI-powered automated billing compliance platform for global law firms, has secured $5 million in Seed funding, bringing its total funding raised to $7 million.
Investors
The round was led by Lakestar, with participation from Concept Ventures, The LegalTech Fund, and industry angel investors.
Lakestar is a venture capital firm based in Zurich, Switzerland, investing from Seed to Growth stages in visionary technology entrepreneurs worldwide. Founded in 2012, the firm focuses on deep technology, digitalization, AI, financial technology, and healthcare.
Antidote Use of Funds
The company will use the funds to accelerate product development and U.S. expansion, building on adoption by leading firms across the U.S., UK, and Australia.
About Antidote
Antidote is a legal technology company that provides an AI-powered automated billing compliance tool. The platform shifts compliance upstream by checking all time entries in real time for OCG and internal rule compliance, identifying and flagging potential violations, and providing perfectly written, compliant autocorrected suggestions. Antidote is headquartered in London and works with firms across the U.S., UK, and Australia.
Funding Details
Company: Antidote
Raised: $5.0M
Round: Seed
Funding Date: January 2025
Lead Investor: Lakestar
Additional Investors: Concept Ventures, The LegalTech Fund, angel investors
Company Website: https://www.antidote.legal/
Software Category: Billing Compliance / LegalTech
Source: https://www.antidotelegal.com/resources/antidote-raises-5m-seed-round