DeepJudge Lands $10.7M to Transform Legal Data Use
DeepJudge, a leading AI technology company, has announced the successful completion of a $US 10.7 million seed funding round led by New York-based Coatue. This investment will accelerate the development and deployment of DeepJudge’s AI-driven Knowledge Assistant, which leverages advanced Retrieval-Augmented Generation (RAG) technology to ensure high-quality answers grounded in a firm’s comprehensive institutional knowledge.
“We are thrilled to receive this substantial investment from Coatue, which validates our vision of transforming legal workflows through AI technology,” said Paulina Grnarova, CEO of DeepJudge. “The Knowledge Assistant represents a significant leap forward in legal tech, offering precise, context-aware information retrieval that will greatly benefit law firms of all sizes.”
Caryn Marooney, General Partner at Coatue, led the round and shares: “DeepJudge is one of the first products on a mission to empower legal teams to harness their internal data to make strategic decisions. We are impressed by DeepJudge’s approach to solving data retrieval, which we believe is crucial to achieving high-quality generative results. We are excited to support DeepJudge as they seek to gain traction in the legal industry and grow their client base.”
The funding will be used to further develop the Knowledge Assistant, expand the team, and enhance the platform’s capabilities.
Expanding the Team
DeepJudge was founded by a team of ex-Google researchers and Ph.Ds in AI from ETH Zurich, including CEO Paulina Grnarova, COO Kevin Roth, and CTO Yannic Kilcher. They have experience in AI and machine learning and focus on empowering legal professionals to efficiently harness and navigate their firm’s collective knowledge using natural language processing and deep learning technologies.
Steve Obenski, formerly with Kira Systems, has joined DeepJudge as Interim Chief Strategy Officer to support expansion into the US market. The company has also hired Tony Ensinger, previously with Casetext and Kira Systems, as SVP of Sales and Product Strategy.
About DeepJudge
DeepJudge is an AI technology company based in Zurich that specialises in innovative solutions for the legal industry. By harnessing the power of AI, DeepJudge aims to improve the efficiency, accuracy, and knowledge management of legal professionals worldwide.
