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Mary Technology raised $1.35M in a seed round led by Empress Capital to automate chronology drafting using AI.

Sep 25, 2024about 1 year ago

Amount Raised

$1.35 Million

Round Type

seed

SydneyLegalArtificial IntelligenceSoftware

Investors

Martin LamMark KalajzichSydney AngelsThe FundSam NicklessEmpress Capital

Description

AI legaltech startup Mary Technology has raised $1.35 million to automate the chronology drafting process. The funding will help expand their team and facilitate entry into the US market.

Company Information

Company

Mary Technology

Location

Sydney, New South Wales, Australia

About

Mary Technology is an AI legaltech startup founded in 2023 that focuses on automating the process of chronology drafting for lawyers. The startup aims to transform lengthy legal processes, converting thousands of documents into tailored chronologies in a fraction of the time it traditionally takes. Mary Technology is committed to providing user-friendly solutions to streamline legal case preparations. Their innovative approach has garnered attention within the legal community and aims to expand into the US market.

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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