The funding round was led by backers including Episode 1 and the Google Black Founders Fund.
"Businesses and law firms now realise that with the right technology, tasks that used to require significant amounts of time and effort, can be largely completed in seconds. Our technology can summarise thousands of documents and extract the key points in a fraction of the time. It can read and edit legal documents with far less human effort and can give specific advice automatically. We have typically saved our clients around 70% of their costs related to contract review. Our technology is AI+, advanced machine learning combined with human expertise that enables our customers to focus on the more complex, strategic work they?re best at."
The financing was backed by LocalGlobe and Hoxton Ventures to support product development and international growth.
"One reason for the recent decline in the uptake of rapid Covid-19 tests is the sampling technique – it’s currently very uncomfortable and difficult for people to use. We need to take the pain out of mass testing if we’re to return to normal to minimise the disruption caused by future COVID-19 outbreaks, whether in offices, schools or hospitality venues. That’s why we’ve built supportive bio security technology that sits alongside the test, allowing users to generate their own unique QR codes to facilitate safe venue entry."
