Stockholm-based legal tech startup Qura has raised €2.1M in seed funding, led by Cherry Ventures, to enhance its AI-powered legal search platform. The funding will further develop the platform and expand its legal data collection, positioning Qura as a game-changer in the legal tech industry.
- Seed Funding Success: Qura secured €2.1M in a seed round led by Cherry Ventures, with GP Sophia Bendz joining the board. Notable Swedish lawyers and angel investors also participated.
- Strong Market Adoption: Since launching its Beta in April, Qura has gained over 50 legal teams as users, including Foyen, which has adopted the platform across its entire firm.
- Founder Expertise: Co-founded by Erik Nordmark, Kevin Kastberg, Arvid Winterfeldt, and legal industry veteran Elisabet Dahlman Löfgren, the team combines legal and AI expertise to solve a real-world problem—efficiently searching vast legal databases.
- Breaking New Ground: Unlike other AI tools struggling for adoption, Qura focuses on structuring and connecting vast amounts of legal data, giving it a competitive edge in the growing legal tech market.
With fresh funding and a mission to transform how legal teams access and analyze data, Qura is set to lead the AI-powered legal tech revolution.