Darrow Raises $35 Million in Series B Funding to Expand AI Platform for Intelligent Legal Violation Detection
By: Legal Tech Blog
Darrow, self-proclaimed as the foremost Justice Intelligence platform, has disclosed securing $35 million in Series B funding. The funding round was spearheaded by Georgian and saw participation from existing investors including F2, Entrée Capital, and NFX. Darrow intends to utilize these funds to attract top talent for research and development (R&D) as well as go-to-market functions, penetrate novel legal domains, and expand its substantial language models aimed at identifying and supporting potential class action lawsuits.
Evyatar (Evya) Ben Artzi, co-founder and Chief Executive Officer of Darrow, emphasized, “Every day, a multitude of legal infractions affecting a significant number of individuals go unnoticed, despite the widespread availability of evidence for these violations and the legal frameworks that could support potential cases.” He pointed out the human limitations in parsing through the enormous volume of data related to these violations, underscoring Darrow’s role in this critical aspect of the process. The platform aids law firms in advancing their business endeavors while optimizing the positive impact they can have on the people they serve.
Darrow’s exclusive platform harnesses generative AI to meticulously analyze publicly accessible information, including consumer grievances, administrative documents, SEC filings, and more. It connects pertinent data points, effectively identifying legal violations, predicting their potential outcomes, and evaluating their financial ramifications. This streamlined approach to business development for litigation teams aims to significantly reduce the extensive unbillable hours typically involved between cases. Furthermore, it uncovers fresh business prospects, allowing legal teams to concentrate on their primary mission: advocating for justice…
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