Legalyze.ai, a Dallas, Texas-based AI startup that helps lawyers quickly review and generate documents, has received $100,000 in angel funding.
SaaS Investors
The investment was from Payment Ventures.
Founded in 2011, Payment Ventures is a venture capital firm based in Bethesda, Maryland. The firm prefers to invest in electronic payments, blockchain, and fintech sectors.
Legalyze.ai Use of Funds
The funding will support further development and expansion of Legalyze.ai's services as it aims to make a significant impact in the legal tech industry.
About Legalyze.ai
Legalyze.ai specializes in AI-powered solutions for legal professionals, offering tools like GenAI and AI document review. The company prioritizes factual accuracy and reliability in its software to help lawyers implement AI securely. The company’s platform allows lawyers and their staff to streamline their workflows by using their case files with AI, saving valuable time and optimizing their practices.
Funding Details
Company: Artificially Intelligent Inc.
Raised: $100K
Round: Angel
Funding Month: January 2024
Lead Investors: Payment Ventures
Additional Investors:
Company Website: https://www.legalyze.ai/
Software Category: Legal
Source: https://www.newswire.com/news/ai-startup-legalyze-ai-receives-100-000-angel-investment-from-payment-22224483