Jhana Secures $1.6 Million Seed Funding to Revolutionize Legal Tech with AI Paralegals

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Jhana, a pioneering legal-tech startup specializing in AI-powered legal assistants, has successfully raised $1.6 million in a seed funding round led by Girish Mathrubootham, founder of Freshworks, and Manav Garg, founder of Eka Software, through their investment fund, Together Fund. The funding round also attracted attention from a host of high-profile investors, including Shyamal Anadkat from OpenAI, Scott Davis of VMware, Kunal Shah, founder of CRED, and Harshil Mathur and Shashank Kumar, the founders of Razorpay. Other notable contributors include Cory Levy, the founder of First Text, along with Ojas Shukla and Z Fellows.

Jhana, founded in 2021 at Harvard University, is committed to streamlining the research and document review processes for lawyers, law firms, and in-house legal teams. The startup’s AI-driven paralegal solutions empower users to generate legal outputs such as propositions, citations, and comprehensive memos from natural language inputs. This innovative approach leverages a proprietary database containing over 15 million records of case law, statutes, academic resources, and web references, ensuring that users have access to accurate and comprehensive legal research.

The fresh capital will be allocated toward further developing Jhana’s proprietary legal datasets and models while expanding its team with experts in law and artificial intelligence. The company anticipates additional investments from Indian investors, with details of the complete funding round expected to be publicly disclosed soon.

In addition to enhancing its core offerings, Jhana provides customizable and siloed AI solutions tailored for enterprise clients, enabling seamless integration of AI technology into existing cloud and file systems. By leveraging AI, Jhana aims to significantly increase productivity and reduce errors in legal work, creating a transformative impact on the legal industry.

With this funding, Jhana is poised to advance its mission of revolutionizing legal technology and expand its presence both in India and internationally. As the demand for efficient legal solutions continues to grow, Jhana’s innovative approach positions it at the forefront of the legal tech sector, promising a future where legal professionals can focus more on strategy and less on repetitive tasks.

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