Jhana, a legal-tech startup specializing in AI-powered legal assistants, has raised $1.6 million in a seed funding round led by Girish Mathrubootham (founder of Freshworks) and Manav Garg (founder of Eka Software), through their VC fund, Together Fund.
The round also saw participation from several high-profile investors, including Shyamal Anadkat of OpenAI, Scott Davis from VMWare, Kunal Shah, founder of CRED, Harshil Mathur and Shashank Kumar—the founders of Razorpay, Cory Levy— the founder of First Text, Z Fellows, and, After School, and Ojas Shukla, the company said in a press release.
As per the company, additional funds are expected from Indian investors, with the complete round to be publicly disclosed soon.
Jhana plans to use the new capital to develop its proprietary legal datasets and models further, while also expanding its team with researchers in law and artificial intelligence, the company added.
Founded in 2021 at Harvard University, Jhana provides AI-driven legal assistants designed to help lawyers, law firms, and in-house legal teams streamline research and document review processes.
Jhana’s AI paralegal solutions allow users to produce legal outputs—such as propositions, citations, and full-fledged memos—based on natural language inputs. The system draws from a proprietary database of over 15 million case law records, statutes, academic sources, and web-based references, ensuring accuracy and comprehensiveness in legal research.
The startup also offers customizable and siloed AI solutions for enterprise clients, enabling them to integrate AI into their existing cloud and file ecosystems. By leveraging AI, Jhana’s solutions aim to increase productivity and reduce errors in legal work.
With this funding, Jhana is set to advance its AI-driven legal technology and expand its footprint in India and beyond.
By Entrackr
Source: Entrackr