Robin AI, a London, UK-based provider of legal AI for business, raised $25M in funding.
The round was led by group of its customers and existing investors including Paypal Ventures, and Cambridge University.
The company intends to use the funds to expand operations and its development efforts.
Led by Richard Robinson, CEO, Robin AI provides Robin Reports, a legal AI product, which can summarize thousands of legal documents at once and recommend actions for users based on that analysis, for business-critical use cases such M&A due diligence and incident response (e.g. data breaches).
The company, which has offices in New York, London and Singapore, and grew its U.S. operation six-fold in 2024, serves such customers as UBS, GE, Pfizer, Abbvie, PepsiCo, KPMG, PwC, and Blue Origin.
FinSMEs
13/11/2024