Theo AI
Seattle, Washington, United States · Artificial Intelligence, Legal, Legal Tech
Theo AI is a startup that utilizes artificial intelligence to assist legal professionals in predicting the likely outcomes of legal cases. Founded by Alex Alben and Patrick Ip, it aims to significantly reduce the time required to review cases for mid-sized law firms. The company is focused on enhancing its prediction engine and expanding into new practice categories. Launched in February, it curre
Key facts
- Headquarters
- Seattle, Washington, United States
- Employees
- 17
- Industries
- Artificial Intelligence, Legal, Legal Tech
- Status
- Private
- Website
- theoai.ai
- Company page
Recent activity at Theo AI
- : Theo AI
- : Theo Ai has raised $3 million in new funding to enhance its predictive engine for lawsuits pricing, led by Run Ventures. This fresh capital brings its total funding to over $10 million.
- : Theo Ai Appoints Jay Mandal as Chief Product Officer
- : Theo AI
- : Theo AI raised $2.2M in pre-seed funding led by NextView and nvp capital to enhance its AI-based legal case prediction engine.
Theo AI funding history
| Date | Round | Amount |
|---|---|---|
| Nov 2025 | Seed | $501K |
| Nov 2025 | Funding Round | $3.0M |
| Apr 2025 | Venture | $6.5M |
| Nov 2024 | Pre-Seed | $2.2M |
Leadership
- Patrick Ip, Co-Founder, CEO
- Jay Mandal, Chief Product Officer
- Patrick Ip, CEO and Co Founder
- Robert Martorana, Head of Partnerships
- Tiago Luchini, Founder
Verified email and direct lines for Theo AI’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Theo AI in the news
- Theo Ai Announces General Counsel Advisory Board and New Funding Round Led by Run Ventures - PR Newswire (Nov 12, 2025)
- Theo Ai Expands Council Leadership with Prominent Legal Figures, Launches First-Ever Mass Tort Defense Advisory Board - Legal Reader (Apr 22, 2026)
- Litigation outcome prediction startup Theo Ai raises $4.2m seed funding - Legal IT Insider (May 19, 2025)
- Theo Ai Announces $2.2M Pre-Seed Funding to Bring Predictive Analytics to the Legal Industry - PR Newswire (Nov 20, 2024)
- Theo Ai Secures $4.2MM Seed Round to Advance AI-Powered Settlement Prediction for Big Law - PR Newswire (May 19, 2025)
- Mustang Litigation Funding Selects Theo Ai to Transform Case Underwriting with AI-Powered Insights - PR Newswire (Mar 12, 2025)
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About Theo AI: questions and answers
What does Theo AI do?
Theo AI is a startup that utilizes artificial intelligence to assist legal professionals in predicting the likely outcomes of legal cases. Founded by Alex Alben and Patrick Ip, it aims to significantly reduce the time required to review cases for mid-sized law firms. The company is focused on enhancing its prediction engine and expanding into new practice categories. Launched in February, it curre
Where is Theo AI headquartered?
Theo AI is headquartered in Seattle, Washington, United States.
How many employees does Theo AI have?
Theo AI has about 17 employees.
Has Theo AI raised funding?
Yes. Fundz has recorded 4 funding events for Theo AI. The most recent, Seed of $501K, was in Nov 2025.
Who leads Theo AI?
Patrick Ip is a Co-Founder, CEO at Theo AI.
What is the latest news on Theo AI?
On Nov 17, 2025, Theo AI
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy