Blackletter, a Canadian legal AI neofirm founded by ex-Cohere executives, raises $6M seed led by Lerer Hippeau to revolutionize legal services through flat-fee contracts.
Amount Raised
$6 Million
Round Type
Seed
CanadaSoftwareLegalLegal TechInvestors
Description
Blackletter, a Canadian legal technology firm combining AI and lawyers, has raised $6 million in seed funding led by venture capital firm Lerer Hippeau. The neofirm uses large language models to draft contracts, negotiate terms, and guide transactions, serving clients like Fanatics and TwelveLabs. Co-founders Aidan Gomez, Nick Frosst, and Ivan Zhang from Cohere, along with other investors including Seven Stars, Maple VC, Garage Ventures, and Ripple Ventures, participated in the round. The firm aims to build a sustainable legal services model by combining technology-driven efficiency with skilled lawyers offering flat-fee pricing.
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