Responsiv, a Chicago, IL-based AI Assistant for in-house legal teams have raised $3 million in seed funding.
SaaS Investors
The round was led by Greylock, with participation from OnDean, the family office of Andrew Sieja, the founder of Relativity, Permanent Capital Ventures, and Julius Genachowski.
Founded in 1965, Greylock Partners is a venture capital investment firm headquartered in Menlo Park, California. The firm focuses on early-stage companies in consumer and enterprise software.
About Responsiv
Founded by Nikita Solilov and Jordan Domash, Responsiv is the AI Assistant that answers legal questions for in-house attorneys. The platform allows in-house attorneys to use natural language to describe what they are looking for and get trusted answers that are backed by verifiable references, thus reducing research time. Beyond fact-finding, Responsiv also generates clauses, templates, or policies that align with the output.
Funding Details
Company: Responsiv AI, Inc.
Raised: $3.0M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Greylock
Additional Investors: Andrew Sieja, Permanent Capital Ventures, and Julius Genachowski
Company Website: https://responsiv.ai/
Software Category: AI Assistant for In-house Legal Teams
Source: https://www.businesswire.com/news/home/20231030027938/en/