Theo AI raised $2.2M in pre-seed funding led by NextView and nvp capital to enhance its AI-based legal case prediction engine.
PRIVATENov 20, 2024
Amount Raised
$2.2 Million
Round Type
Pre-Seed
Palo AltoSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingLegalLegal Tech
Investors
NVP CapitalNextviewRipple Ventures
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.
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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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Palo AltoSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingLegalLegal Tech