Streamline AI Raises $3 Million in Seed Round  

by Kay Aloha Villamor in November 3rd, 2022

Streamline AI, a San Francisco, CA-based intelligent intake platform for in-house legal teams, officially launched with $3 million in seed funding to supercharge how business teams work, starting with legal.

The round was led by Oceans Ventures, with participation from Scribble Ventures, Ridge Ventures, and other firms. 

Streamline AI delivers visibility and metrics across G&A business units, starting with the costliest problem: legal teams.

“Legal teams are often the scapegoat for business latency, but the real problem is not the lawyers or G&A teams–it’s their lack of tools and technology,” says Kathy Zhu. “Other departments have software to manage workflows, report metrics, and make data-driven decisions, but nothing like this was available for legal teams. I knew if I could use software to eliminate manual work, reduce escalations, and let my team focus on what matters, it wouldn’t just make them happier–it would increase the bottom line for the entire company.”

Streamline AI came from Zhu’s 10+ years of experience as a commercial lawyer, most recently building DoorDash’s commercial legal and legal operations functions from the ground up. She witnessed the “legal black box” firsthand and knew it could be solved with the right technology.

Streamline AI’s customers–including Branch Metrics and VSCO– range from venture-backed technology startups to a publicly-traded fintech company and an $8.7B computer peripherals company. 

The platform’s AI learns in the background over time, improving processes and streamlining request intake according to best practices and business function–for example, non-technical teams have different needs than engineering and product.

Company: LegalDesk, Inc.

Raised: $3.0M

Round: Seed Round

Funding Month: November 2022

Lead Investors: Oceans Ventures

Additional Investors: Scribble Ventures, Ridge Ventures, and other firms

Company Website: https://www.streamline.ai/

Software Category: AI-powered, no-code intake platform

About the Company: Led by co-founder and CEO Kathy Zhu, a former commercial lawyer for DoorDash, Streamline AI is an AI-powered, no-code intake platform that delivers visibility and metrics across G&A business units, starting with legal teams. Streamline AI’s no-code platform enables companies to optimize processes across G&A business units. The intelligent intake platform maximizes efficiency around high-volume request workflows while solving the legal-specific problems of confidentiality, data permission, control, and measurement–without any engineering effort. 


Source: https://www.webwire.com/ViewPressRel.asp?aId=296194





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