AI platform for Legal systems Justpoint secured $6.9Million in seed funding
Justpoint, an Artificial Intelligence supported platform for legal systems, has now secured $6.9 million in seed extension funding.
Justpoint was founded by Victor Bornstein. It provides an AI-powered platform improving the legal system by creating efficiencies for both attorneys and prospective plaintiffs. With the help of predictive analytics rather than billboards, the systems bring simplicity, transparency, and credibility to the process of finding litigators in the personal injury space.
The platform is used by, as of now, 1000 law firms to make more than 300000 historical claims. It has operated in more than 30 states.
Executive Opinion
Victor Bornstein, Founder and CEO of Justpoint, said, "A credible, fair, and efficient litigation system is a cornerstone of a just society. All who have experienced the cost of injustices, including my family, understand the ripple effects a broken legal process can have on individuals, families, and communities at large. We are so thankful to our partners and investors for empowering us to continue reimagining the litigation system."
Ryan Hoover, Founder of Weekend Fund, said, "We love backing companies that are reimagining massive, inefficient markets with software. Justpoint isn't only building a large business in this $100B+ industry, more importantly, they are creating a more accessible and fair litigation system for consumers."
Justpoint latest funding
The round was backed by Charge Ventures and Divergent Capital with participation from Honeystone Ventures, Crossbeam Venture Partners, Weekend Fund, Interplay.vc, Ali Moiz and Vijay Krishnan.
The company, as of now, has plans to use the new funds to further grow its offerings, expanding the attorney matching platform for victims of sexual assault and human rights violation, and accelerating the development of an Artificial Intelligence-based platform enabling attorneys to better understand claims merits.
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Udit Agarwal
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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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