Wednesday, October 25, 2023

LegalMation Finds $15M For Generative AI

Los Angeles-based LegalMation, a company that is developing generative AI powered software for high volume litigation in the legal industry, says it has raised $15M in a Series A funding round. The company said the round was led by Aquiline Capital Partners LP and Aquiline Technology Growth ("Aquiline"), with participation from continuing Motley Fool Ventures, REV Venture Partners, Key Venture Partners, Quick Set LLC, and Brentwood Investments. The company says its AI software helps legal professionals to respond to lawsuits, discovery requests, and related workflows using the client's own historical response data. LegalMation's co-founder and CEO is James M. Lee.