LegalFly, the Belgian Legal AI platform founded by former Tinder product experts Ruben Miessen, Kasper Verbeeck, Dennis Montégnies, and Gregory Vekemans, has successfully raised over €15 million in Series A funding. The round was led by Notion Capital, with significant participation from Redalpine and Fortino Capital.
Founded in 2023, LegalFly provides cutting-edge AI solutions designed to streamline and automate legal services for law firms and in-house legal teams, particularly within the finance and insurance sectors. The platform is already in use by major European law firms and has established partnerships with industry leaders such as Slaughter & May and Allianz.
Ruben Miessen, CEO of LegalFly, emphasized the transformative potential of their technology, stating, “LegalFly is redefining how legal services are delivered, ensuring they are more accessible within a corporate environment while upholding the highest standards of security and efficiency. This investment will allow us to scale our operations and further innovate, driving the digital transformation in legal services that our clients require globally.”
LegalFly’s platform stands out with its full suite of AI agents designed to automate and enhance legal services. The technology employs on-premise anonymisation to secure sensitive client data, ensuring it remains confidential. Additionally, LegalFly’s LLM-agnostic approach selects the most suitable foundational models for each legal scenario, improving both efficacy and security.
Jos White, General Partner at Notion Capital, praised LegalFly’s approach: “The legal industry is a perfect fit for AI. We have been seeking an investment opportunity in this market for some time, and LegalFly stands out as a potential success story. The team’s vision and the product’s market reception after just a year are impressive.”
Sebastian Becker, General Partner at Redalpine, highlighted the platform’s innovation and security: “LegalFly’s focus on enterprise-grade security and an adaptable AI model not only meets a crucial industry need but also positions them for continued expansion and success.”
The newly acquired funding will accelerate LegalFly’s feature development, expand its team, and support its growth across Europe, positioning the company as a key player in the legal tech landscape.
Editorial Opinion:
LegalFly’s recent funding milestone marks a significant advancement in the legal tech industry. By leveraging AI to automate and enhance legal services, LegalFly addresses a critical need for efficiency and security in legal processes. The platform’s innovative use of anonymisation and LLM-agnostic technology positions it as a leader in the evolving legal tech space. With its strong backing and clear vision, LegalFly is well-positioned to drive substantial improvements in legal service delivery, setting a new standard for the industry.
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