Lawhive, a London, U.K.-based legal tech startup that provides AI-powered SaaS solutions for smaller law firms, has raised $40 million in Series A funding.
Investors
The round was co-led by GV (Google Ventures) and TQ Ventures, with additional backing from Balderton Capital, Jigsaw, Episode 1, and Premier League players Harry Maguire and Reece James.
Founded in 2009, GV is Alphabet's venture capital arm, based in San Francisco, focusing on enterprise, life sciences, consumer, and frontier technology sectors. With offices in Cambridge, London, and New York, GV manages over $10 billion in assets and supports 400 active portfolio companies across North America and Europe.
TQ Ventures is a New York-based venture capital firm focusing on early- and growth-stage companies. Managing over $1 billion in assets and investing from a $500M Fund III, the firm, founded in 2018, focused on software-driven businesses across industries and geographies, prioritizing exceptional founders.
Lawhive Use of Funds
The company will use the funding to expand its operations in the U.S.
About Lawhive
Founded in 2019 by Pierre Proner, Jaime Van Oers, and Flinn Dolman, Lawhive offers an AI-powered SaaS platform designed to help smaller, consumer-focused law firms—commonly referred to as “Main Street” firms—run their operations more efficiently. The platform automates time-consuming legal processes, enabling lawyers to handle more clients while reducing consumer costs. Its AI assistant, Lawrence, streamlines tasks for lawyers and has even passed part one of the Solicitors Qualifying Examination (SQE).
Funding Details
Company: Lawhive Ltd.
Raised: $40.0M
Round: Series A
Funding Date: December 2024
Lead Investors: GV, TQ Ventures
Additional Investors: Balderton Capital, Jigsaw, Episode 1, Harry Maguire, Reece James
Company Website: https://lawhive.co.uk/
Software Category: Legal
Source: https://techcrunch.com/2024/12/04/lawhive-raises-40m-to-go-after-main-street-us-lawyers/