LawPro.ai, a company that utilizes AI-driven solutions for the legal industry, announced the successful completion of a seed investment round. This funding will accelerate LawPro.ai’s mission to transform the legal industry by utilizing AI technology to enhance efficiency, accuracy, and accessibility in law firms’ ability to review medical records.
The seed funding round was led by prominent venture capital firms, including The Legal Tech Fund and Scopus Ventures, with participation from notable angel investors with backgrounds in law and technology.
LawPro.ai was launched and backed by a group of industry veterans with decades of experience in the legal industry, SaaS enterprise software, and AI. And the founders bring a blend of expertise to the company including a senior partner at a leading law firm with extensive experience in complex litigation.
The company’s leadership team has successfully built companies and created new market verticals in the legal and software industries. And LawPro.ai’s platform integrates advanced machine learning algorithms to automate routine legal tasks and offers intelligent insights that aid in case strategy and management.
The funding will be used to accelerate product development, expand the engineering and sales teams, and fuel go-to-market strategies.
KEY QUOTES:
“LawPro is a game changer for my team and me. Instead of taking hours to review, summarize, and understand medical records, now it gets done in minutes. This allows us to maximize our client’s case value in the shortest amount of time!”
- Juan Carlos Puga, attorney at Saiontz & Kirk
“LawPro.ai is poised to redefine the legal landscape by streamlining legal workflows, enhancing decision-making, and improving client outcomes.”
- LawPro’s Co-Founder and CEO Jeremy Schmerling
“This funding will enable us to scale our platform, expand our team, and continue developing transformative technologies that empower legal professionals and clients alike.”
- Josh Schmerling, Co-Founder and Chief Strategy Officer of LawPro
“We are excited to support LawPro.ai as they bring groundbreaking AI innovations to the legal industry. Their platform addresses critical pain points in legal practice and has the potential to significantly enhance productivity and client satisfaction. We believe LawPro.ai is well-positioned to become a leader in legal technology.”
- Bahram Nour-Omid, Managing Partner at Scopus Ventures
“We’re thrilled to be backing the team at LawPro. At The LegalTech Fund, we believe when lawyers are empowered with technology, they can better service their clients and expand their business. A key investment thesis for us is the use of software to unlock the source data of legal case documents, which is exactly what LawPro aims to do.”
- Zach Posner, Co-Founder and Managing Director at The Legal Tech Fund
