France

[Funding alert] French-based Legal AI Company Jimini AI Secures €1.9 Million in Seed Funding

Nov 13, 2023 | By Startup Rise EU

Jimini AI, a French legal AI startup, secured €1.9 million in seed funding. Together with J12 Ventures, Galion.exe, Evolem, Zebox Ventures, and Better Angle, Polytechnique Ventures spearheaded the funding effort.

Jimini AI, a French legal AI startup, secured €1.9 million in seed funding. Together with J12 Ventures, Galion.exe, Evolem, Zebox Ventures, and Better Angle, Polytechnique Ventures spearheaded the funding effort.

Jimini AI gives legal professionals the power to make substantial enhancements in the productivity of their analyses and contract drafting, as well as the efficiency of their legal research. With the help of the financing, Jimini AI will be able to keep up its R&D efforts and expand the use of its product throughout France and Europe.

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Through its interface, customers can ask legal inquiries, interact with legal papers, and draught contracts using the firm's or company's precedents in plain English.

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This contributes to time optimisation, professional research that is more accurate, and expertise harmonisation throughout the law firm—all while saving time.

Contract administration, court preparation, schedule management, and consumer law navigation are just some of the areas where generative AI is being utilised more and more.

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About fifteen well-known investors, including Thomas Wolf (Hugging Face), Pierre Aïdan and Timothée Rambaud (Legalstart), Didier Kuhn, Rémi Aubert (AB Tasty), and the Leeway founding team, provided their knowledge to Jimini AI.

Stéphane Béreux, CTO of Jimini AI said, "50% of a lawyer's work is based on tedious tasks that can now be automated. We free lawyers and legal professionals from these constraints, so that they can focus on their core business and legal strategy."

Cécile Tharaud, CEO of Polytechnique Ventures said, "Our ecosystem is at the forefront of generative AI. And law, both textual and structured, is a privileged area of application for these new technologies. We're therefore thrilled to be supporting Jimini's highly promising team in this adventure!"

About Jimini AI

An VC-backed start-up called Jimini is developing state-of-the-art AI technology that will provide big businesses and law firms access to the legal system never before possible. Put another way, everyone wins with legal AI!

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