Theo AI raised $2.2M in pre-seed funding led by NextView and nvp capital to enhance its AI-based legal case prediction engine.

Nov 20, 2024•about 1 year ago

Amount Raised

$2.2 Million

Round Type

seed

Palo AltoSoftware

Investors

Ripple VenturesNvp CapitalNext View

Description

Theo AI, co-founded by former Washington chief privacy officer Alex Alben, has raised $2.2 million in pre-seed funding. The funds will be used to improve its prediction engine, expand practice categories, and accelerate customer growth.

Company Information

Company

Theo AI

Location

Palo Alto, California, United States

About

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 currently has potential customers in trials.

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