Darrow Raises $35 Million in Series B Funding to Expand AI Platform for Intelligent Legal Violation Detection
By: Legal Tech Blog
Darrow, self-proclaimed as the foremost Justice Intelligence platform, has disclosed securing $35 million in Series B funding. The funding round was spearheaded by Georgian and saw participation from existing investors including F2, Entrée Capital, and NFX. Darrow intends to utilize these funds to attract top talent for research and development (R&D) as well as go-to-market functions, penetrate novel legal domains, and expand its substantial language models aimed at identifying and supporting potential class action lawsuits.
Evyatar (Evya) Ben Artzi, co-founder and Chief Executive Officer of Darrow, emphasized, “Every day, a multitude of legal infractions affecting a significant number of individuals go unnoticed, despite the widespread availability of evidence for these violations and the legal frameworks that could support potential cases.” He pointed out the human limitations in parsing through the enormous volume of data related to these violations, underscoring Darrow’s role in this critical aspect of the process. The platform aids law firms in advancing their business endeavors while optimizing the positive impact they can have on the people they serve.
Darrow’s exclusive platform harnesses generative AI to meticulously analyze publicly accessible information, including consumer grievances, administrative documents, SEC filings, and more. It connects pertinent data points, effectively identifying legal violations, predicting their potential outcomes, and evaluating their financial ramifications. This streamlined approach to business development for litigation teams aims to significantly reduce the extensive unbillable hours typically involved between cases. Furthermore, it uncovers fresh business prospects, allowing legal teams to concentrate on their primary mission: advocating for justice…
Featured News
Australia Passes Strict Social Media Ban for Under-16s
Nov 28, 2024 by
CPI
Google Appeals Ruling Overhaul of Play Store in Epic Games Lawsuit
Nov 28, 2024 by
CPI
FTC Investigates Uber for Alleged Subscription Violations
Nov 28, 2024 by
CPI
India’s Watchdog Launches Investigation Into Google’s Real-Money Gaming Policies
Nov 28, 2024 by
CPI
Microsoft Under FTC Scrutiny for Cloud, AI, and Licensing Practices
Nov 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI