Lawhive Raises £9.5M in Funding to Expand AI Legal Software and Online Platform

Lawhive's Seed Funding

Key Highlights:

• Seed Funding: Lawhive, an AI legal software startup, raised £9.5 million in seed funding.
• Investors: GV led the funding round, with participation from Episode 1 Ventures.
• Expansion and Development: The funding will be used to expand operations and further develop Lawhive's online legal platform.

Lawhive's Target Market

• Target Market: Individuals and businesses in need of legal services, seeking a tech-driven and regulated law firm.
• Legal Matter Assessment: Lawhive's platform offers personalized legal assessments and fixed-fee quotes to users.
• Secure Communication and Document Sharing: Users gain access to a secure platform to communicate with lawyers and share documents.

What Lawhive Needs to Buy

• Technology Development: Investment in AI and tech development to enhance the online legal platform and user experience.
• Legal Talent Acquisition: Expanding the network of SRA-regulated lawyers to provide timely and quality legal services.
• Marketing and Customer Acquisition: Strategies and resources to attract and onboard new users and businesses.