New Zealand based legal tech startup for in-house legal teams, LawVu, has raised USD1.8 million USD in venture funding co-led from Silicon Valley based, Shasta Ventures and AirTree Ventures in Australia.
LawVu will use the investment to continue its growth into the US and Australian markets, a global industry worth USD500 billion USD, with the US market being USD160 billion USD alone. The complexity and volume of work in-house legal teams are doing is skyrocketing and LawVu is solving that problem by offering the world’s first truly connected software platform for in-house legal teams.
Over the next 12 months, LawVu will be focusing on a robust R&D roadmap launching a range of new products including a number of A.I initiatives, optimised cost analysis tools, and a new predictive analytics and reporting suite.
Read more at Private Equity Wire