In a significant boost to legal technology, UK-based online legal tech startup Lawhive has secured a £9.5 million investment led by Google Ventures and Episode 1 Ventures. The company, which provides an AI-powered platform for small law firms and solo practitioners, aims to simplify the delivery of legal services. Lawhive’s platform is designed to create a large network of solicitors in the UK offering professional, transparent services at known prices, catering to individuals, businesses, and families. With the recent funding, Lawhive plans to enhance its mission to help lawyers increase efficiency and focus on quality work. Pierre Proner, the CEO and co-founder, remarked on the unique position of Lawhive in targeting the consumer legal space—a market distinct from the corporate segment. The support from Google Ventures and Episode 1 Ventures signals a growing interest in legal tech innovations that tailor to smaller clients and practices. Legal advisory firm Orrick has been identified as the advisor to Lawhive in this successful funding round.

Legal Technology, Venture Capital, Artificial Intelligence,United Kingdom, United States

https://www.orrick.com/en/News/2024/04/Shaping-the-Future-of-Legal-Services-Lawhive-Secures-9-5-Million-in-Funding