LegalMation Announces $15M In New Funding to Drive its Commitment to Becoming the Leading AI-Powered Litigation Support Platform Across the LegalTech and InsurTech Ecosystems
LegalMation, Inc., the market leader in Generative AI-driven solutions for high-volume litigation, announced its $15 million Series A financing round led by Aquiline Technology Growth. Exbo Group provided Aquiline with financial due diligence services for this investment.
LegalMation’s platform allows legal professionals to respond to lawsuits and discovery requests using their client’s own historical response data. With this funding, the company plans to build out new workflow automation and analytic tools, and improve their platform in order to support its rapidly growing customer base.
LegalMation’s Co-Founder and CEO, James Lee, said, "The need for AI automation tools to achieve financial goals has never been greater, especially with the macro-economic pressures falling on both large and small enterprises. This investment will allow LegalMation to accelerate its growth and realize our vision of becoming the most impactful technology partner to the insurance and legal industries."