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Jhana raised $1.6 million in a seed round led by Girish Mathrubootham and Manav Garg to further develop AI-driven legal assistants.

Sep 24, 2024about 1 year ago

Amount Raised

$1.6 Million

Round Type

seed

BengaluruLegal TechNatural Language ProcessingLegalMachine LearningArtificial IntelligenceSoftware

Investors

Ojas ShuklaAfter SchoolZ FellowsCory LevyShashank KumarHarshil MathurKunal ShahScott DavisShyamal AnadkatManav GargGirish Mathrubootham

Description

Jhana, a legal-tech startup specializing in AI-powered legal assistants, has raised $1.6 million in a seed funding round led by Girish Mathrubootham and Manav Garg. The funds will be used to develop proprietary legal datasets and models, as well as expand the team.

Company Information

Company

Jhana

Location

Bengaluru, Karnataka, India

About

Jhana is a legal-tech startup specializing in AI-powered legal assistants. Founded in 2021 at Harvard University, Jhana provides solutions designed to help lawyers and legal teams streamline research and document review. Their AI paralegal solutions offer users the ability to produce legal outputs based on natural language inputs, drawing from a proprietary database of over 15 million legal records. Jhana aims to increase productivity and reduce errors in legal work through customizable AI solutions for enterprise clients.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers