Clearbrief, a authorized expertise firm that makes use of AI to assist legal professionals discover and insert information to assist their authorized writing, has raised an extra funding spherical of roughly $4 million. This brings the corporateās complete funding since its founding in 2021 to just about $8 million.
This newest spherical was led by Genuine Ventures, How Ladies Make investments, and current investor Reign Ventures, that are all funds with observe information of investing in women-led and numerous groups.
Additionally collaborating within the spherical have been an funding fund affiliated with legislation agency Wilson Sonsini and current angel traders.
Clearbrief CEO Jacqueline Schafer, who based Clearbrief based mostly on her personal experiences as a litigator and appellate lawyer, stated that this newest spherical was pushed by the productās speedy development amongst AmLaw 200 legislation companies.
āIt was an opportune time to absorb some further capital to gas the enlargement of our group,ā she stated. āWe favored the chance to companion with traders who imagine in accountable AI constructed by numerous groups, with a deal with constructing a sustainable, worthwhile enterprise thatās right here for the lengthy haul.ā
Clearbrief is a Microsoft Phrase Add-In that helps attorneys discover, insert, and verify information when drafting briefs and in different authorized writing. It can be used to verify factual and authorized references in an opponentās transient.
āOur imaginative and prescient is that litigators and in-house groups will draft and analyze each single Phrase doc with Clearbrief,ā Schafer stated. āIn an AI-powered world, colleagues and courts demand a safe, seamless expertise that lets them view the factual and authorized proof behind authorized prose whereas studying and writing.ā
āWe selected to spend money on Clearbrief as a result of we heard so emphatically from prospects that Clearbriefās AI instruments are making an impression on the day-to-day work of probably the most refined legislation companies, distinct from different AI platforms that havenāt but established their concrete worth to litigators,ā Julie Castro Abrams, managing companion of How Ladies Make investments, stated in a press release.