LegalMation, an AI-powered litigation support platform, has raised $15 million in a Series A funding round led by Aquiline Capital Partners. LegalMation’s generative AI-driven solutions automate high-volume litigation tasks, allowing legal professionals to respond to lawsuits and discovery requests using their own historical response data.
The demand for automation in the legal and insurance industries has increased due to labor shortages and inflationary pressures. With the legaltech and insurtech markets expected to rely more on AI and automation, LegalMation hopes to provide customers with productivity and cost savings. The company has partnerships with insurance carriers, large enterprises like Walmart and numerous law firms. LegalMation’s customers have used its platform to answer more than 1.1 million discovery requests in over 30 state and federal jurisdictions so far in 2023.
The funding will be used to enhance the platform’s functionality and expand its customer base. LegalMation plans to invest in building new litigation workflow automation and analytic tools.
