AI applications in the legal sector, covering contract analysis, regulatory compliance, litigation support, and legal research tools.
Socure has launched its first AI-powered assistant, AI Copilot, to improve global watchlist screening and monitoring, reducing false positives and enhancing compliance efficiency.
Jurimesh has raised €1.6 million in pre-seed funding to improve its AI-driven legal due diligence platform and expand across Europe.
LexisNexis and OpenAI have announced a collaboration to deploy AI solutions in legal products like Lexis+ AI, enhancing productivity and workflow efficiency.
CODIT Corp. has been awarded a U.S. patent for its AI-driven legislative intelligence technology, enhancing policy research and compliance monitoring.
Ontra has introduced Accord, an AI-driven software designed to streamline contract negotiation in private markets, announced in a press release.
WilsonAI has raised $1.7 million in a pre-seed funding round led by Nomad Ventures to advance its AI paralegal platform for in-house legal teams.
Patlytics, a New York-based startup, has raised $14 million in a Series A funding round led by Next47, with participation from Google's Gradient Ventures and others. The funds will be used to expand its AI-powered patent analytics platform.
PERSUIT and PwC have announced a global strategic alliance to enhance legal operating models amid AI-driven changes, according to a press release.
Palantir Technologies has announced a strategic partnership with SAUR Group to improve contract management using Palantir Foundry's Generative AI capabilities.
Luminance has raised $75 million in a Series C funding round led by Point72 Private Investments, bringing its total funding to $165 million. The investment will support the expansion of its AI-driven contract management solutions.
Eudia, an AI-powered Augmented Intelligence platform, has raised $105 million in Series A funding led by General Catalyst to transform legal operations for Fortune 500 companies.
Harvey has raised $300 million in a Series D funding round led by Sequoia, reaching a $3 billion valuation.
Gaia Dynamics introduces an AI-driven platform to tackle global trade challenges, enhancing tariff classification and regulatory compliance.
SpotDraft secures $54 million in Series B funding led by Vertex Ventures and Trident Partners to expand globally and enhance its AI-driven contract lifecycle management platform.
The source for the Legal AI software news, analysis, emerging applications: contract review, e-discovery, research.
