Theo Ai (see Pulse 2.0 profile here), an AI-driven prediction platform for Am Law 200 firms and General Counsels, announced the formation of its General Counsel Advisory Board alongside a new funding round led by Run Ventures, bringing its total funding to date to over $10 million.
The latest investment, which follows a $4.2 million seed round in May 2025, will accelerate Theo Ai’s expansion of its AI capabilities, engineering hires, and predictive analytics solutions tailored for the legal sector. As part of the round, PT Ungvichian, Partner at Run Ventures, will join Theo Ai’s Board of Directors.
The newly formed Advisory Board unites senior legal leaders from across industries to guide Theo Ai’s technology roadmap and adoption among corporate legal departments. Comprising GCs and CLOs from major global enterprises, the Board aims to enhance transparency and accountability in AI applications for legal decision-making. It provides Fortune 500 Chief Legal Officers direct insight into how Theo’s models are developed, validated, and deployed—ensuring accuracy and reliability that align with the standards of the most sophisticated legal teams.
Founding Advisory Board members include Sandra Leung (Former EVP and General Counsel at Bristol Myers Squibb), Jessica Nguyen (Deputy General Counsel, Docusign), Jared Sine (Chief Legal Officer, GoDaddy), Arthur Jenkins (In House Counsel, Regal Cinemas), Rob Hale (General Counsel, SmartBiz Bank), Tim Lee (Former General Counsel, US Bank), Christophe Mosby (Associate General Counsel and VP, HP), Keenan Conder (Chief Legal Officer, SentinelOne, Inc.), Rachel Harris (Chief Legal Officer, Suzy, Inc.), Christopher Lalan (Chief Legal Officer, 1Money), Aruna Krishnamachari (Assistant General Counsel, eBay), Jeff Christianson (Former GC at F5 Networks, Nintex, and Raptor), Jolene Marshall (Chief Legal Officer, HighLevel Inc.), Ross Weiner (Former Partner and General Counsel, Qatalyst Partners), and Erica A. Holzer (Partner, Maslon LLP).
Theo Ai’s technology is designed to process thousands of pages of legal documents within minutes, distilling essential facts and delivering granular case intelligence. Its models analyze not only the data but also the nuanced context, tone, and terminology of each case, allowing legal professionals to make decisions with greater precision and confidence. This focus on vertical AI positions Theo Ai as a transformative force in predictive legal technology, bridging technical sophistication with real-world legal acumen.
KEY QUOTES:
“The work of Theo Ai has the potential to revolutionize high-stakes litigation settlements. It will expedite settlements and reduce legal expenses.”
Sandra Leung, Former EVP and General Counsel at Bristol Myers Squibb
“I’ve negotiated countless liability caps in contracts based on potential liability or comparable commercial terms of the industry. Theo transforms a theoretical risk to a number grounded in data.”
Jessica Nguyen, Deputy General Counsel, AI Innovation & Trust, Docusign
“Patrick and the Theo Ai team are setting a new pace for the legal industry. They’re tackling one of litigation’s biggest hurdles, uncertainty, by giving lawyers a clearer, data-driven view of the path ahead. It’s the kind of ambition we love to run alongside, and we’re excited to help them and their exceptional advisors accelerate their vision.”
PT Ungvichian, Partner, Run Ventures and Board Member, Theo Ai
“Just five months after closing our seed round, we’re excited to expand both our capital and advisors. We’re grateful for all the clients that have put their trust in us, and are excited by the expanding partnerships.”
Patrick Ip, Co-founder and CEO, Theo Ai
