Theo Ai Raises $2.2M in Pre-Seed Round

by Kay Aloha Villamor in December 9th, 2024

Theo Ai, a Palo Alto, CA-based predictive AI platform for litigation, has raised $2.2 million in pre-seed funding. 

Investors 

The round was co-led by NextView and nvp capital, with contributions from Ripple Ventures, Beat Ventures, and SCVC Fund. 

NextView Ventures invests in seed to early-stage companies in software, information technology, and fintech sectors, focusing on the United States, particularly New York, San Francisco, and Boston. 

nvp capital is a seed-stage venture capital firm with a global investment reach, supporting bold founders building the next generation of enterprise software. 

Theo Ai Use of Funds 

The funds will be used to enhance Theo Ai’s proprietary prediction engine, expand into additional practice areas, and accelerate growth. 

About Theo Ai 

Founded by Patrick Ip, Alex Alben, and Tiago Luchini, Theo Ai provides a predictive AI platform designed for the legal industry. It empowers legal professionals to evaluate case outcomes more effectively and efficiently. The platform leverages AI to estimate the probability of success, financial outcomes, and case insights. Its AI models are trained on historical case data and incorporate real-time analytics with predictive modeling to deliver accurate, actionable insights. 

Funding Details 

Company: Theo Ai, Inc. 

Raised: $2.2M 

Round: Pre-Seed Round 

Funding Date: November 2024 

Lead Investors: NextView, nvp capital 

Additional Investors: Ripple Ventures, Beat Ventures, SCVC Fund 

Company Website: https://theoai.ai/  

Software Category: Predictive AI 

Source: https://www.prnewswire.com/news-releases/theo-ai-announces-2-2m-pre-seed-funding-to-bring-predictive-analytics-to-the-legal-industry-302310971.html 

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