Leya, a Stockholm, Sweden-based AI-driven legal technology company, raised $25M in Series A funding.
The round was led by Redpoint Ventures, with participation from existing investors Benchmark, Y Combinator, and Wayfinder Ventures, with the new addition of Alt Capital.
The company intends to use the funds to accelerate its product development and growth, as seen by its recent entry into the UK with its announcement with Bird & Bird and their collaboration with legal data provider FromCounsel.
Founded byĀ Max Junestrand, Leya is an AI-driven legal tech platform automating repetitive tasks and enhancing the productivity of legal professionals. The system integrates with law firmsā documents, playbooks, templates, and external legal sources. It assists lawyers with specific tasks related to reviewing, searching, and drafting, such as filling in transaction checklists, creating key terms reports, and writing memos to name a few.
FinSMEs
17/07/2024