"Lawhive, a British startup that wants to use AI to transform the business model of law firms that perform routine legal work for individuals and small businesses, has raised $60 million in new venture capital funding to accelerate its expansion in the U.S.The Series B funding round was led by Mitch Rales, cofounder of Danaher Corporation, the $170 billion science and technology conglomerate. Other investors included TQ Ventures, GV (formerly Google Ventures), Balderton Capital, and Jigsaw."
"Lawhive is not a pure software company. Instead, it is a legal services firm that employs a network of human lawyers who are assisted by a technology platform Lawhive has built. The company says this enables it to provide legal services more efficiently and at lower cost than a traditional general practice law firm. The company is among a wave of startups employing this new business model. Others include Robin AI, General Legal, Third Chair, and LegalOS."
Lawhive raised $60 million in a Series B round led by Mitch Rales, with participation from TQ Ventures, GV, Balderton Capital, and Jigsaw, less than a year after a $40 million Series A. Founded in 2020, Lawhive operates an AI operating system for consumer legal matters and combines a technology platform with a network of human lawyers. The company automates document drafting, legal research, case management, and client intake to lower costs and improve efficiency. Lawhive handles family law, landlord–tenant disputes, property transactions, and consumer rights cases. About 500 lawyers work through three regulated law firms across the U.K. and Arizona. Annual revenue exceeds $35 million and grew seven-fold last year.
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