Leya, a Stockholm, Sweden-based legal tech startup, raised $10.5M in Seed funding.
The round was led by Benchmark with participation from Hummingbird, SV Angel and Y-Combinator.
The company intends to use the funds to expand operations and development efforts.
Leya provides a platform offering an AI system that works natively with the documents and knowledge firms have built up over the years, in combination with legal data from over 15 jurisdictions. By utilizing both these sources of information, it delivers accuracy, providing detailed citations and references at the sentence level. Leya ensures precision at every step, whether conducting due diligence reviews, engaging in conversations, or editing and reviewing documents.
The company’s platform is currently being used by 70+ top law firms and companies in Europe with plans to expand to the U.S. in the future.
FinSMEs
16/05/2024