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Moonlit.ai funding news – Amsterdam-based Moonlit.ai Secures an Investment from Curiosity VC

Aug 20, 2024 | By Startup Rise EU

Amsterdam-based Moonlit.ai Secures an Investment from Curiosity VC

Moonlit.ai, a cross-border legal research and monitoring platform, received Curiosity VC funding and a successful spinout from Deloitte.

SUMMARY

  • Moonlit.ai, a cross-border legal research and monitoring platform, received Curiosity VC funding and a successful spinout from Deloitte.
  • Moonlit is a cutting-edge artificial intelligence-driven pan-European legal research platform.

Moonlit, an AI-driven legal research platform developed by Deloitte, tracks EU legal activity. Users may search across countries and languages using AI, and each document provides quick translations, summaries, and insights. Launching partner Deloitte.

Roderick Lucas, co-founder and CEO said, "This investment and spinout represent a logical step forward for Moonlit, We're excited to build on years of investments made by Deloitte and expand our reach as an independent entity. Our technology makes cross-border legal research more efficient, and this spin out makes it accessible for all legal professionals across Europe."

Dirk-Jan van den Broek, co-founder and CFO of Moonlit said, “Despite nearly 70 per cent of national laws being influenced by EU regulations and directives, most European lawyers predominantly focus on national case law, In an increasingly interconnected Europe, where legal precedents from one country can significantly influence decisions in another, this tool is indispensable.”

Leading European law firms and corporate legal departments already use and trust Moonlit's platform. Users report a 30% boost in cross-border case discovery and a 40% reduction in research time.

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Maurice Beckand Verwee, Partner at Curiosity VC said, "We're excited to support Moonlit in their mission to revolutionize legal research, Their innovative approach, combining AI with legal expertise, will significantly impact how legal professionals work globally and increase transparency in the legal system."

With an initial focus on Germany and the Benelux countries, the investment from Curiosity VC will accelerate it's go-to-market efforts across Europe and support the company's growth plans. It will also fuel improvements in AI capabilities for even better search accuracy and insight generation.

About Moonlit

Moonlit is a cutting-edge artificial intelligence-driven pan-European legal research platform. Their platform gives users access to cutting-edge legal research tools and an ever-expanding collection of European jurisdiction case law, legislation, and policy.

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