Stockholm-based Leya has announced the successful closing of its $10.5 million seed funding round, which was led by Benchmark and participated in by Hummingbird, SV Angel, and Y Combinator.
Launched with a mission to empower lawyers with cutting-edge tools, Leya is prepared to redefine the legal landscape. Instead of viewing AI as a mere accessory, Leya envisions it as a trusted partner, seamlessly integrated into lawyers’ workflows.
By automating routine tasks and utilizing generative AI, Leya aims to liberate legal professionals to focus on strategic thinking, creativity, and problem-solving.
At the center of Leya’s platform lies its AI system, which works natively with the documents and knowledge firms have built up over the years, in combination with legal data from over 15 jurisdictions.
By utilizing these sources of information, Leya offers unparalleled accuracy, providing detailed citations and references at the sentence level. Whether conducting due diligence reviews, engaging in conversations, or editing and reviewing documents, Leya ensures precision at every step.
To develop this innovative AI solution, Leya assembled a team of top-tier engineers from leading AI research labs and tech-savvy lawyers from prestigious firms worldwide. This synergy enables Leya to drive innovation, create exceptional products, and prioritize user needs.
Leya plans to expand its team, forge strategic partnerships, and chart the course for the future of legal work.
