Turbo Law Raises $3.8 Million Pre-Seed to Expand Litigation Platform
Turbo Law has raised $3.8 million in a pre-seed funding round announced in a press release. The round was led by Revo Capital, with participation from Treeo VC, BridgeX Ventures, Alchemist Accelerator, and partners from both the technology and litigation sectors.
The funds will support Turbo Law's engineering efforts across its five product areas: review, drafting, research, strategy and settlement, and its continuous case assistant. The company also plans to expand its customer deployment and market expansion teams, and further develop its security and compliance framework.
Turbo Law reports that firms using its platform have cut non-billable hours per matter by 60 percent and reduced write-offs by 10 percent. The platform is currently active across over 1,800 matters in fields such as medical malpractice, mass tort, toxic tort, transportation, and mergers and acquisitions.
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