August: $7 Million Raised For Bringing Configurable AI To Law Firms

By Amit Chowdhry • Yesterday at 4:00 AM

August, an AI platform designed for midsize law firms, has raised $7 million in a funding round led by NEA and Pear VC. The company also unveiled new configurable AI workflows that can be customized to a firm’s specific tasks and regional requirements.

Firms on four continents have already adopted August. The platform uses a modular AI agent framework that adapts to local statutes and rules. For example, an Australian firm, Hicksons, reviewed 5,000 files 90% faster. And a litigation team in Florida analyzed 40,000 pages in a dispute, saving weeks of partner time and millions in external counsel costs. The platform’s secure design enables it to run behind a firm’s firewall, meeting data residency requirements.

Founded in 2023 by a team with expertise in AI, law, and enterprise technology, August is headquartered in New York and is actively seeking new talent.

How the funding will be used: The funding will enable August to serve a large, underserved market of over 50,000 mid-sized law firms globally. August’s platform allows firms to handle document-heavy tasks, such as contract review, due diligence, and discovery preparation, more efficiently. This enables lawyers to focus on strategic client counseling and facilitates the adoption of alternative billing models by firms.

KEY QUOTES:

“August gives midsize law firms the freedom to shape AI around their own playbooks, whether they’re advising clients in Miami, Sydney, or Mumbai. Our approach combines modular technology with personalized onboarding led by both attorneys and engineers, helping firms consistently deliver high-quality legal services that unlock growth and enhance client relationships.”

Rutvik Rau, Co-founder & CEO

“We conducted a process to find the best option and we chose August because they had the most accurate platform and were the most willing to work with us to solve our specific challenges.”

David Fischl, Partner at Hicksons

“We see tremendous potential in the midsize legal market, where firms are eager for innovation that drives meaningful ROI. August’s AI platform and custom agents enable midsize firms to deliver exceptional client value and drive significant growth. We’re excited to partner with the August team as they reshape legal technology in this high-impact segment.”

Tiffany Luck, Partner at NEA

“We’re excited to back August as they pursue a massive opportunity. Midsize law firms account for more than a third of all practicing lawyers worldwide, yet August is the first AI platform built specifically for them. Early adopters are already completing document-review cycles 80% faster, and during PearX we saw firsthand how deeply customer-driven—and how uniquely strong in AI, legal insight, and execution—the August team is.”

Mar Hershenson, Founding Managing Partner at Pear VC