Funds Flow
- Sep 12, 2024
- 2 min read
BRINGING YOU THE LATEST IN LEGALTECH NEWS
TLTF & Friends in the News
🎉 SoloSuit, an online service provider that helps millions of people respond to debt collection summons, raised a $2M Seed Plus round. We’re immensely proud of the SoloSuit team, with over 230,000 consumers bringing $1.5B in debt onto the platform, SoloSuit is just getting started!
🎉 Trestle, a contract platform provides subcontractor and supplier performance management and analytics software for the heavy construction industry, raised a $2.3M Pre-Seed led by Lerer Hippeau, while we also joined the party as a follow on investor!
Fundings
Anytime AI, an AI legal assistant for plaintiff lawyers, raised a $4M Seed led by Gopher Asset Management and Koa Family Office.
DemoSquare, an AI algorithm that automates legislative monitoring and analysis, raised €1.28M in funding led by QBIT Capital.
DocPro, a platform that simplifies documents and legal contracts, raised a $500K Pre-Seed.
Garden, a platform that automates user patent creation and analysis, raised a $6.8M Seed led by Spark Capital.
Harmonyze, an AI platform for franchise operations, raised a $2M Pre-Seed led by Bowery Capital.
Inventive AI, an AI platform that automates RFP responses, raised a $4M Seed led by Sierra Ventures.
Moonlit.ai, which offers AI-driven legal research, spun out of Deloitte and raised an undisclosed amount of funding.
Pryzm, an AI platform for government contract acceleration, raised a $2M Pre-Seed led by XYZ Venture Capital and Amplify.LA.
Story, a Web3 platform that enables on-chain IP creation and collaboration, raised an $80M Series B funding led by a16z.
Supio, a developer of software automating workflows, data integration and document creation, raised a $25M Series A led by Sapphire Ventures.
Wisedocs, a software that automates medical record indexing and processing, secured $4.5M (CAD) in growth capital financing.
Acquisitions
BriefBox, an enterprise legal management cloud-based platform, acquired DealTechno, a consulting and recruiting firm.
Thomson Reuters, a provider of legal research tools, productivity solutions, financial management software, investigative and compliance solutions, acquired Safe Sign Technologies, an AI startup that creates LLMs for law.
Softdoes has consistently delivered exceptional results in software product development company. Their attention to detail and commitment to understanding client needs is evident in every project. The user experience is seamless, and the final products are both intuitive and robust. Communication throughout the development process is clear and timely, making collaboration effortless. Overall, partnering with Softdoes has been a highly rewarding experience.