LegalFly has raised over €15M in a Series A for its AI-powered platform for legal firms and teams
LegalFly, a legal AI platform founded by ex-Tinder experts, has secured €15 million in Series A funding to expand its secure, AI-powered legal services for enterprises, building on its rapid growth and partnerships with major firms in the €884 billion legal services market.
LegalFly has announced a €15 million Series A funding round led by Notion Capital, backed by redalpine and Fortino Capital. This investment comes eight months after their €2 million seed round, and just a year after LegalFly's inception, highlighting the investor's confidence in the startup's growth and impact in the legal tech industry thus far.
LegalFly was founded by former Tinder product experts, Ruben Miessen, Kasper Verbeeck, Dennis Montégnies, and Gregory Vekemans to offer advanced and secure AI-powered Legal Agents to automate services and increase productivity for firms and in-house teams, particularly in the financial and insurance sector. The LegalFly platform has quickly gained traction, serving dozens of leading European law firms and enterprises, including partnerships with industry giants like Slaughter & May and Allianz.
What sets LegalFly apart is its commitment to security and efficiency. The platform ensures client data never leaves company premises through on-premise anonymization via a fine-tuned model that secures customer data before it is fed to any other model. The platform is LLM-agnostic, which means each use case is sent off to the model best suited for the task. The Series A will boost LegalFly's ambitious growth plans, which include tripling its team size by year-end and accelerating feature development. As the €884 billion legal services market increasingly turns to AI for efficiency and cost reduction, LegalFly is poised to set the global standard for secure, AI-powered legal solutions.
