Legal AI startup Vikk AI raises $4.2M to build lawyer ads inside AI search
Summary
Legal technology startup Vikk AI has raised $4.2 million in new funding to expand its consumer artificial intelligence platform and to sell law firms sponsored placements inside AI-powered legal searches. Founded in 2019, Vikk AI allows consumers to type legal questions and get answers in plain language, while also reading documents, drafting simple legal paperwork, and flagging relevant lawyers. The company's advertising product, the Lawyer Ad Center, sells placements matched to a user's practice-area need and location, positioning itself as a replacement for traditional search and directory advertising. "Consumers are fundamentally changing how they search for legal help," said co-founder and CEO Walid Romaya. "They're no longer relying solely on search engines or online directories. They're increasingly beginning with AI." Vikk AI is also preparing a Lawyer Directory and building Vikk Data Hub, an enterprise product that turns anonymized legal inquiry data into market intelligence. The company was selected for the Amazon Web Services Inc. and Meta Build with Llama program, receiving $200,000 in AWS credits. The funding came via a $700,000 pre-seed round and a $3.5 million seed round, with investors including tax attorney Ronson Shamoun, injury attorney Joe Samo, health care executive Brad Jowell, and Cooper Collins of MagnaSci Ventures.
(Source:Siliconangle)