Tom Blomfield and Taavet Hinrikus have both backed AI powered LegalTech
IN BRIEF:
- Robin AI is a legal software-as-a-service provider helping the legal sector to write and review contracts
- The company is cash flow positive and on Monday raised $10.5m from a number of investors
- The round was led by Plural—the VC fund launched by Wise co-founder Taavet Hinrikus
What does this mean?
Plural’s founding partner Ian Hogarth said: “Repetitive legal work is a clear use case for large language models and Robin AI is the leading company to apply this rapidly advancing technology to contract generation and editing.”