Bench IQ, a Toronto, Canada-based AI-powered legal tech company, has closed $2.1 million in pre-seed funding.  

SaaS Investors 

The round was led by VCs Maple and Haystack, with participation from tech leaders like Jason Boehmig and Qasar Younis. Also participating in the round were Inovia Capital, Soma Capital, Roach Capital, Alumni Ventures, Boon Fund, Andrew Arruda (CEO, Flexpa), Zain Manji, Arif Bhanji, Nivrith Sekhar, and Ronald Gosio, alongside additional angel investors.  

Founded in 2016, Maple VC is a venture capital firm based in Palo Alto, California. The firm is focused on early-stage investments.  

Haystack Ventures is a real estate investment firm based in New York, New York. Founded in 2010, the firm invests in the distressed residential real estate market across Spain.  

About Bench IQ  

Founded by Jimoh Ovbiagele, Maxim Isakov, and Jeffrey Gettleman, Bench IQ is an AI-enhanced legal research tools designed to provide unparalleled insights into judges' rulings. The company allows attorneys to uncover the reasons behind all of the judge's rulings, enabling attorneys to identify the best arguments and outmaneuver opposing counsel. With a focus on judicial intelligence, Bench IQ partners with 12 AmLaw 100 firms.   

Funding Details

Company: Bench IQ, Inc.  

Raised: $2.1M                   

Round: Pre-Seed Round  

Funding Month: February 2024                                                              

Lead Investors: Maple and Haystack  

Additional Investors: Jason Boehmig, Qasar Younis, Inovia Capital, Soma Capital, Roach Capital, Alumni Ventures, Boon Fund, Andrew Arruda, Zain Manji, Arif Bhanji, Nivrith Sekhar, and Ronald Gosio    

Company Website: https://benchiq.com/  

Software Category: Legal  

Source: https://www.businesswire.com/news/home/20240228056045/en/