Jurimesh, a new AI-driven platform for due diligence, has raised €1.6m in Pre-Seed funding. To see how it works check out the AL TV Walk Through below.
Jurimesh ‘integrates with data rooms, applies advanced AI-powered document recognition, and leverages Large Language Models to spot red flags, provide recommendations, and generate detailed due diligence reports’.
The AL TV Walk Through is with Jorrit Willaert, CEO of Jurimesh, followed by some Q&A with Artificial Lawyer. Press Play to watch inside the page, or go directly to the AL TV YouTube channel.
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With this investment, Jurimesh plans to:
- ‘Expand our AI team to enhance our proprietary algorithms and develop more advanced legal reasoning capabilities to improve the identification of risk indicators.
- Broaden our market presence across Europe by expanding our commercial team and establishing strategic partnerships.
- Develop new features with the ultimate vision of fully automating legal due diligence, eliminating manual repetitive work entirely.’
Willaert, CEO of Jurimesh, added: ‘The legal industry has tolerated inefficiency for too long. We’re here to change that. This funding allows us to push our technology further and redefine how legal teams approach legal due diligence and contract analysis.’
The investment into the Belgium-based startup was led by international investment network Syndicate One and was joined by several business angels.
Plus, it’s great to see more legal tech startups coming out of Europe. Congrats to the team.
You can find out more about Jurimesh here.