LawPro.ai, a Los Angeles, CA-based technology company that uses AI-driven solutions for the legal industry, secured a seed funding round.
Investors
The round was led by The Legal Tech Fund and Scopus Ventures, with participation from notable angel investors with backgrounds in law and technology.
The Legal Tech Fund is an investment firm focused on supporting and scaling legal technology companies. With a deep understanding of the legal tech landscape, TLTF provides strategic investment and support to innovative companies driving change in the legal industry.
Scopus Ventures is a venture capital firm dedicated to investing in early-stage technology companies with high growth potential. The firm partners with visionary entrepreneurs to build companies that create significant value and impact.
LawPro.ai Use of Funds
The company will use the funds to accelerate product development, expand the engineering and sales teams, and fuel go-to-market strategies.
About LawPro.ai
LawPro.ai is an AI-powered legal technology company dedicated to transforming the legal industry through innovative SaaS solutions. LawPro.ai's platform integrates advanced machine learning algorithms to automate routine legal tasks and offers intelligent insights that aid in case strategy and management. By combining deep legal expertise with state-of-the-art artificial intelligence, LawPro.ai empowers legal professionals to work more efficiently, make better-informed decisions, and deliver superior client outcomes.
Funding Details
Company: LawPro.ai, Inc.
Raised: Undisclosed
Round: Seed Round
Funding Month: June 2024
Lead Investors: The Legal Tech Fund, Scopus Ventures
Additional Investors:
Company Website: https://www.lawpro.ai/
Software Category: Legal AI
Source: https://www.prnewswire.com/news-releases/lawproai-secured-strategic-investment-from-the-legal-tech-fund-and-scopus-ventures-to-drive-legal-tech-innovation-302171272.html