tiktok成人版

Rafie Faruq
CEO & Co-Founder

tiktok成人版 Raises $17.8 Million to build Agentic Legal AI

23rd October 2024
6 mins
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We鈥檙e thrilled to share some exciting news with our tiktok成人版 community! We鈥檝e just secured $17.8 million (拢13.3 million) in Series A funding, led by GV (Google Ventures) and joined by Khosla Ventures (early investors in聽OpenAI).

This investment brings our total funding to over $20 million (拢15 million), building on our previous Government grants and seed funding led by Connect Ventures.

What This Means for You

With this new funding, we鈥檙e set to take our agentic legal editor to the next level. Here鈥檚 how this will benefit you:

  1. More Customized &聽Comprehensive AI聽Drafting: Genie can now draft fully personalized, professionally formatted 50+ page agreements across major global jurisdictions in minutes, not weeks, taking into account your business context.
  2. Enhanced AI聽Document Risk Review: Our risk review feature detects issues, explains them, and suggests changes, giving you an extra layer of security. Rated 92% accurate by over 170 lawyers.
  3. Proven Success: Over 100,000 companies, including 11 FTSE100 companies and 20 Global200 law firms, trust Genie across 120+ jurisdictions.
  4. Time and Cost Savings: Get 80% of your drafting or reviewing done in just 5 minutes, saving an average of 5 hours per week or up to $85,020 / 拢72,800 per year per attorney.

Our Vision for the Future

My co-founder Nitish and I聽created Genie with a clear goal: to reduce legal friction and enhance global economic efficiency. We understand that contracts are the backbone of business transactions, and we鈥檙e here to make that process smoother than ever.

The goal for legal teams remains the same - mitigate legal risk under time and cost pressure. Genie helps these teams turn around documents faster than ever - a result of 8 years developing generative AI聽(starting from my MSc Machine Learning thesis in Generative AI聽8 years ago)聽and a fully docx-compatible legal document editor. This means, our Agentic AI can complete entire workflows when creating, reviewing and negotiating documents, as well as just generating text.

What Our Investors Are Saying

Our vision has resonated with some of the biggest names in venture capital:

鈥淕enie is changing the way businesses all over the world transact.鈥 Vidu Shanmugarajah, Partner at GV

Behind the Scenes: explaining why they chose to invest in tiktok成人版

鈥淎I is already rapidly transforming industries, and legal is one of the areas that will benefit from this technology.鈥 Kanu Gulati, Partner at Khosla Ventures

Join the Legal AI Revolution

With Genie, you鈥檙e not just getting a tool; you鈥檙e joining a movement to transform the legal industry. Our technology has the backing of leading figures in machine learning and law, including Professor Jun Wang (Explainable AI) and Lord Neuberger (President of the Supreme Court of the United Kingdom from 2012 to 2017)

First-hand data from our users report the following jaw-dropping numbers

Average time saved per document: On average, users save 3.32 hours per document.

Average percentage completion in 5 minutes: On average, users report getting to 72% completion of their documents with Genie.

The average total time saved per person per year is approximately 369.47 hours when using tiktok成人版.

What鈥檚 Next for tiktok成人版?

This funding round is just the beginning. We鈥檙e excited to share our roadmap for the coming months:

  1. We'll be expanding on our , creating legal workflows you can't get on Microsoft Word. If you're still on Word, you're missing out!
  2. We'll be expanding our growing customer base in the USA and internationally making tiktok成人版聽the global .
  3. We'll be researching the next phase of AI聽powered applications - it doesn't end with today's generative AI!

We鈥檙e incredibly grateful for the support of our users, investors, and team members who have made this milestone possible. As we embark on this next chapter, we鈥檙e more committed than ever to our mission of making legal drafting faster, safer, and more efficient for everyone.

Lastly, you can sign up and . Go and give it a go!

Interested in joining our team? Explore career opportunities with us and be a part of the future of Legal AI.

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