Jimini AI, a Paris, France-based legal AI company empowering law firms through AI, raised €1.9 million in seed funding.
SaaS Investors
The round was led by Polytechnique Ventures, with participation from J12 Ventures, Galion.exe, Evolem, Zebox Ventures, Better Angle, and others.
Founded in 2019, Polytechnique Ventures is a venture capital investment firm headquartered in Paris, France, focused on tech companies. The firm is the venture capital fund of Ecole Polytechnique.
Jimini AI Use of Funds
The company will use the funds to pursue R&D development and roll out the solution on a large scale in France and Europe.
About Jimini AI
Founded by Raphael Arroche and Stéphane Béreux, Jimini AI is a legal AI startup developing cutting-edge AI technologies for law firms and large companies, enabling unprecedented access to the law. Jimini AI offers lawyers and legal professionals a platform to improve the efficiency of legal research, productivity of analyses, and contract drafting. The platform allows users to interact in natural language, ask legal questions, interact with legal documents, or draft contracts based on firm or company precedents.
Funding Details
Company: Jimini AI
Raised: €1.9M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Polytechnique Ventures
Additional Investors: 12 Ventures, Galion.exe, Evolem, Zebox Ventures, Better Angle
Company Website: https://jimini.ai/
Software Category: Legal AI
Source: https://tech.eu/2023/11/13/jiminithe-ai-co-pilot-for-legal-professionals-raises-eur19-million/