Legal AI Startup Jurisphere.ai Secures $2.2Mn Funding Round
Summary
Legal AI startup Jurisphere.ai has secured $2.2 million in funding led by InfoEdge Ventures, with participation from Flourish Ventures, Antler, and 8i Ventures. Founded in 2024 by Manas Khandelwal, Varun Khandelwal, and Sumit Ghosh, the company provides an AI-based platform designed to support legal workflows, including research, drafting, and document review. The platform is currently used by over 500 teams across law firms, enterprises, and public institutions. Jurisphere aims to integrate a network of legal professionals with its AI systems to enhance execution capabilities, offering a shared digital workspace for collaboration. The funding will be used to expand the platform globally and scale its network of legal professionals, addressing gaps in the legal services ecosystem by combining software tools with execution capabilities.
(Source:Outlook Business)