Atrium, a start-up providing legal services to other start-ups, has raised $65m in a funding round led by Andreessen Horowitz. The firm combines machine learning technology with human expertise to streamline legal work, making it faster and more efficient. The funding will be used to develop new products and expand the team.
Atrium’s services are already being used by over 250 start-ups, with clients including Bird, MessageBird, and Sift Science. The firm’s goal is to take the complexity out of legal services, making it more accessible for start-ups. Its machine learning technology can create and review legal documents, while human lawyers provide the necessary expertise and oversight.
Justin Kan, Atrium’s founder, believes that the traditional legal industry is ripe for disruption. He sees Atrium as a tech company that provides legal services, rather than a traditional law firm. The firm has also launched Atrium Academy, an online platform providing legal and fundraising advice for start-ups.
With this new funding, Atrium is poised to continue its growth and further disrupt the legal industry. The firm’s unique combination of technology and human expertise is proving to be a successful formula for providing efficient and accessible legal services.
Go to source article: https://techcrunch.com/2018/09/10/atrium-legal/