Legal AI startup Legora hits $5.6 valuation and its battle with Harvey just got hotter TechCrunch

Legal AI startup Legora hits $5.6 valuation and its battle with Harvey just got hotter | TechCrunch

News Source : TechCrunch

News Summary

NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment.
The Swedish-born legal tech startup is competing with U.S. player Harvey.
According to the company, the platform it launched only 18 months ago is now used by more than 1,000 law firms and in-house legal teams across 50 markets.
Harvey has game in that area too.
It claims 100,000 lawyers across 1,300 organizations as customers, ranging from global law firms like Hengeler Mueller and Latham & Watkins to corporate legal teams at T-Mobile and Bridgewater.

Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment.Leveraging AI to help lawyers streamline their work, the [+2987 chars]

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