Belgian Legal AI platform LegalFly, today announced it has raised over €15 million in Series A funding.
Notion Capital led the funding, with participation from Redalpine and Fortino Capital.
LegalFly was founded in 2023 by a team of former product experts from Tinder -- Ruben Miessen, Kasper Verbeeck, Dennis Montégnies and Gregory Vekemans. It develops legal AL solutions for law firms and in-house teams, particularly within the finance and insurance sectors.
Customers include dozens of leading European law firms and partnerships with industry giants such as Slaughter & May and Allianz.
“LegalFly is redefining how legal services are delivered, ensuring they are more accessible within a corporate environment while upholding the highest standards of security and efficiency," stated Ruben Miessen, CEO of LegalFly.
"This investment enables us to scale our operations and innovate further, driving forward the digital transformation in legal services that our clients require globally."
LegalFly offers a full suite of Legal AI agents designed to automate legal services and enhance productivity. Its use of on-premise anonymisation, where a fine-tuned model secures data before it ever reaches the LLMs, thus ensuring that sensitive client data never leaves a company’s premises.
Coupled with an LLM-agnostic platform that selects the best foundational models for each legal scenario, LegalFly increases both product efficacy and security.
“The legal industry is a perfect fit for AI. We have been looking at making an investment in the market for sometime and in LegalFly we are very confident that they will be one of the enduring success stories,” said Jos White, General Partner at Notion Capital. “
“The super talented team have a clear vision for the future and have already built a market leading product. The true test of this is the way it’s being received in the market which has been nothing short of amazing after only a year.”
Their unique focus on enterprise-grade security and an LLM-agnostic platform not only meets a critical industry need but also drives their continuous expansion and innovation,” said Sebastian Becker, General Partner at redalpine.
The investment will fuel LegalFly’s feature development and expand its team as well as support t LegalFly’s continued expansion across Europe.
Lead image: Legalfly. Photo: uncredited.
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