Robin AI, a London, UK-based provider of legal AI solutions for businesses, has raised $25 million in funding, following its $26 million Series B round in January.
Investors
The round was led by a group of Robin AI's customers and existing investors, including PayPal Ventures, Willets (Michael Bloomberg’s family office), and Cambridge University. This brings Robin AI's total funding to date to $61.5 million.
Robin AI Use of Funds
The funds will support Robin AI’s rapid growth in the U.S. market and its continued expansion within the global enterprise sector.
About Robin AI
Founded in 2019 by Richard Robinson and James Clough, Robin AI is a legal tech company leveraging generative AI to automate contract drafting and negotiation, as well as extracting information from large contract repositories. Its product, Robin Reports, uses AI to analyze and summarize thousands of legal documents, offering insights for M&A and incident response. Robin AI has offices in New York, London, and Singapore. Its clients include UBS, GE, Pfizer, AbbVie, PepsiCo, KPMG, PwC, and Blue Origin.
Funding Details
Company: Robin AI Limited
Raised: $25.0M
Round: Series B
Funding Month: November 2024
Investors: PayPal Ventures, Willets, Cambridge University
Company Website: https://www.robinai.com/
Software Category: Legal Software
Source: https://www.robinai.com/newsroom/robin-ai-turns-customers-into-investors