AI-powered legal tech startup jhana.ai has secured $1.6M in funding to further develop its innovative legal research and drafting tools. This Bengaluru-based company aims to transform the legal landscape in India by enhancing efficiency and accuracy for lawyers and law firms.
- Funding Overview: jhana.ai raised $1.6M in an ongoing maiden funding round led by Freshworks co-founder Girish Mathrubootham’s Together Fund. Other prominent investors include angel investors Shyamal Anadkat, Scott Davis, Harshil Mathur, Shashank Kumar, Kunal Shah, Cory Levy, and Ojas Shukla.
- Planned Utilization: The funds will be allocated to developing proprietary AI models and datasets, as well as hiring researchers in the legal and AI fields.
- Key Products: The AI Paralegal generates legal output like citations and memos, while Document Intelligence reviews documents for risks and compliance.
Jhana.ai is set to redefine legal research, streamlining processes and making legal support more accessible for professionals in the field.
