HomeUSAPaxton Raises $22M in Series A Funding

Paxton Raises $22M in Series A Funding

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Paxton

Paxton, a Bend, OR-based provider of an AI platform for the legal industry, raised $22M in Series A funding.

The round was led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and WVV Capital.

The company intends to use the funds to expand operations and its development efforts.

Founded by CEO Tanguy Chau and CTO Michael Ulin, Paxton is designed to assist legal professionals by automating complex tasks, enabling legal teams to focus on strategic work. The platform enables users to conduct primary research across key sources ranging from laws and regulations, case law, and more, draft complex legal documents, and analyze large volumes of legal documents in a manner of seconds.

The company also provides real-time updates on U.S. laws and court rulings by scanning millions of sources daily, while its confidence indicator and AI Citator features offer reliability insights and case law analysis.

This new funding brought Paxton’s total raised to $28M, following a $6M seed round in September 2023.

FinSMEs

30/01/2025

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