The legal IT business Leya, situated in Stockholm, Sweden, has secured $10.5 million in seed investment.
Investors
- Benchmark
- SV Angel
- Y-Combinator
- HummingbirdÂ
Use of funds
The money will be used by the business to increase operations and development initiatives.
More than 70 prestigious legal firms and businesses in Europe already use the company’s platform, and they have aspirations to grow into the United States in the future.
About Leya
Leya offers a platform that combines legal data from more than 15 countries with an AI system that integrates naturally with the papers and expertise that businesses have accumulated over time. It provides accuracy by using both of these information sources, offering thorough sentence-level citations and references. Whether she’s performing due diligence reviews, having talks, or editing and reviewing documents, Leya makes sure everything is done precisely.
