Genie AI raised £13.3M in a Series A round led by Google Ventures and Khosla Ventures to enhance its AI legal editing capabilities.
Genie AI raised £13.3M in a Series A round led by Google Ventures and Khosla Ventures to enhance its AI legal editing capabilities.
10/23/24, 8:18 AM
Location
londonMoney raised
£13.3 million
Industry
legal tech
natural language processing
legal
machine learning
artificial intelligence
software
Round Type
series a
Investors
Khosla Ventures, Google Ventures
Genie AI has secured £13.3 million in Series A funding, with contributions from Google Ventures and Khosla Ventures. The funding will be utilized to further improve its agentic legal editor, building upon previously raised funds totaling over £15 million.
Company Info
Location
london, england, united kingdom
Additional Info
Genie AI was founded in 2017 by Rafie Faruq and Nitish Mutha who specialised in generative AI while taught at UCL by leading researchers at Google DeepMind. They recognised the opportunity for AI to reduce the time spent on tasks that involve language processing, data analysis, and decision-making, all prevalent in contract drafting, and developed the most advanced AI legal drafter in the market.