DeepJudge, a Zurich, Switzerland-based AI-driven legal search startup, raised $10.7 million in seed funding.
Investors
The round was led by Coatue, a prominent investor, with participation from notable angel investors including Gokul Rajaram, and existing investors Thomas Dübendorfer, Daniel Sauter, and Felix Ehrat.
Founded in 1999 and based in New York, Coatue is a private equity firm that prefers to invest through buyouts and growth capital in the technology, media, financial technology, climate technology, and telecommunications sectors.
DeepJudge Use of Funds
The company will use the funds to support its mission to innovate legal search capabilities and enhance client services.
About DeepJudge
Founded by Paulina Grnarova, Yannic Kilcher, and Kevin Roth, DeepJudge is a company dedicated to transforming enterprise legal search. DeepJudge utilizes its multilingual and proprietary AI to provide an intent-driven search engine tailored for internal document repositories. Its solutions include DeepJudge Knowledge Search, enabling instant retrieval across enterprise systems, and DeepJudge Knowledge Assistant, an exclusive generative AI interface tailored for legal contexts.
Funding Details
Company: DeepJudge AG
Raised: $10.7M
Round: Seed Round
Funding Month: June 2024
Lead Investor: Coatue
Additional Investors: Thomas Dübendorfer, Daniel Sauter, Felix Ehrat
Company Website: https://www.deepjudge.ai/
Software Category: AI Legal Search
Source: https://www.venturelab.swiss/DeepJudge-secures-USD-107M-in-oversubscribed-Seed-round-to-revolutionize-legal-search