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[Funding alert] Canada-based Bench IQ Secures $2.1Million in Pre- Seed Funding

March 1, 2024
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Startuprise io
Canada-based Bench IQ secures $2.1million in funding. Leading the way were Haystack and Maple, with Jason Boehmig, Qasar Younis, Cooley, Fenwick, and Wilson Sonsini also playing.

Canada-based Bench IQ secures $2.1million in pre-seed funding. Leading the way were Haystack and Maple, with Jason Boehmig, Qasar Younis, Cooley, Fenwick, and Wilson Sonsini also playing.

In addition to partners at Kirkland & Ellis, the following angel investors are involved: Andrew Arruda (CEO, Flexpa), Zain Manji, Arif Bhanji, Nivrith Sekhar, Ronald Gosio, Inovia Capital, Soma Capital, Roach Capital, Alumni Ventures, Boon Fund.

Read also – OH-based Relish Secures $10Million in Series A Round Funding

The money will be used by the company to grow both its operations and its clientele. Bench IQ was founded by CEO Jimoh Ovbiagele, CTO Maxim Isakov, and Jeffrey Gettleman. It provides AI-enhanced legal research tools that let attorneys analyze court decisions to improve their legal arguments and tactics.

The organization has created and is using a new legal dataset by utilizing the most recent developments in Large Language Models (LLMs). This dataset, which covers all of the judges’ decisions, offers in-depth insights into their decision-making processes.

About Bench IQ

Bench IQ pioneers AI-enhanced legal research tools, enabling lawyers to gain unparalleled insights into judges’ rulings in order to hone their legal arguments and strategies.

Read also – WA-based Gradial Secures $5.4Million in Seed Funding

Founded by two legal AI pioneers behind ROSS Intelligence (CEO Jimoh Ovbiagele and CTO Maxim Isakov) and a legal industry veteran from Kirkland & Ellis (VP Legal Services Jeffrey Gettleman), Bench IQ is backed by leading investors Maple and Haystack and law firms Cooley, Fenwick, and Wilson Sonsini.

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