Lawhive raises $40m in Series A funding to expand its artificial intelligence legal platform into the United States.
The round was co-led by GV and TQ Ventures to support international expansion.
Lawhive is a London-based legaltech startup that uses artificial intelligence to automate routine tasks and improve access to consumer legal services.
London-based legaltech startup Lawhive has secured $40m in a Series A funding round co-led by GV and TQ Ventures. The capital injection also drew participation from Balderton Capital, Jigsaw, Episode 1, and footballers Harry Maguire and Reece James.
The funding will be directed toward launching the company in the United States, targeting a market estimated to be worth $130bn. Lawhive automates routine legal processes via its artificial intelligence assistant, Lawrence, helping high street solicitors and small firms handle compliance and document drafting more efficiently.
The fresh capital follows a £9.5m investment earlier in the year. Lawhive aims to widen access to affordable legal support for individuals and small businesses facing logistical and financial barriers.
From the founder
"Our mission is to make legal services accessible for everyone while helping consumer lawyers and small firms rediscover the joy of practicing law. This funding will accelerate our US launch, where demand for faster, more affordable legal services is significant. By augmenting the work of human lawyers with our technology, we’re addressing a critical need in the US market and unlocking new opportunities for millions of US attorneys."
Pierre Proner
CEO and co-founder at Lawhive
Investor perspective
"The US legal market, arguably the largest in the world, is ripe for disruption. The pressing need for affordable legal access makes it the perfect environment for innovative tech solutions like Lawhive’s. The platform is fundamentally changing how legal services are delivered, benefiting both lawyers and clients by increasing efficiency and cutting costs."
Schuster Tanger
Co-Founder/Co-Managing Partner, TQ Ventures
Use of funds
- 01Expand into international markets
