Jus Mundi, a Paris, France-based legal AI company, raised $22M in Series B funding.
The round was led by Acton Capital and True Global Ventures, with participation from historic investors France-based C4 Ventures and US-based FJ Labs.
The company intends to use the funds to support R&D efforts to further develop its AI and expand beyond the 80 countries in which it currently has a presence.
Founded in 2019, Jus Mundi is a legal technology company dedicated to powering global justice through artificial intelligence. Through its proprietary AI technology, the company provides global legal intelligence, data-driven arbitration professional selection and business development services. Jus Mundi, which has additional offices in New York, London and Singapore, serves over 150,000 users from law firms, multinational corporations, governmental bodies and academic institutions in more than 80 countries.
The company also announced that it will launch Jus AI, its research and productivity assistant for global legal professionals, at IBA Mexico on September 16. More than 70 partnerships with legal institutions around the world fuel Jus AI’s research, drafting and translation capabilities while users’ insights remain private. Jus AI has been piloted for several months, with more than 20 clients participating in the exclusive Jus AI Acceleration Program; they include DLA Piper, Reed Smith, Clyde & Co, Greenberg Traurig, Yulchon and Bredin Prat.
FinSMEs
12/09/2024