UK legaltech CaseCraft.AI, a UK legal tech company, today announced that it has secured £550,000 in funding at a £3,000,000 pre-money valuation. Moun Fund was the lead investor in the round with £300,000 participation.
CaseCraft.AI has developed a proprietary platform designed to assist individuals and businesses across the UK in filing and defending small claims. While streamlining the litigation process, the platform places a strong emphasis on early dispute resolution, helping users reach settlements before court action becomes necessary.
The Small Claims Track is a simplified court procedure for resolving civil disputes valued at £10,000 or less, or £1,000 or less in cases involving personal injury or housing disrepair. Typical claims include unpaid invoices, faulty goods, and disputes over tenancy deposits.
Michael Iatsukha, co-founder of CaseCraft.AI, commented:
“We are at a pivotal moment in the application of technology to professional services and consumer solutions. This is just the beginning of the value AI can unlock, helping users achieve more with fewer resources.”
Laert Karaashev, Head of VC at Mount Fund, added:
“We are proud to support CaseCraft.AI in its journey to bring innovation to the UK’s small claims process.
By making the system more accessible and efficient through cutting-edge AI, the platform has the potential to become a true champion for consumers. We look forward to supporting its continued growth.”
CaseCraft.AI plans to deploy the funds raised to further develop, test, and refine its Small Claims platform, while also scaling up its marketing efforts to reach a broader audience.
In addition, the funding will support team expansion, enabling the company to harness the latest advances in AI by recruiting top-tier product and engineering talent passionate about building consumer-facing AI solutions.
Lead image: Freepik.
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