
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