Legislate, a London, UK-based supplier of patented information graph know-how giving entry to ontologies of authorized phrases, raised $3.6M in funding.
The spherical was led by Parkwalk Advisors, with participation from Oxford Capital, and a number of other high-profile angel buyers.
Led by Charles Brecque, Founder and CEO, Legislate leverages patented information graph know-how to offer firms with ontologies of authorized phrases, permitting anybody within the enterprise to semantically seek for info throughout a complete database of contracts. With its know-how, contracts are first made machine-readable, this subsequently permits all enterprise customers to match, create, question, and signal each contract with out the necessity for outdoor authorized involvement. In 2022, the corporate introduced it had been granted its second US patent for semantic doc technology, additional enhancing its patented information graph know-how – in the end benefiting prospects. Prospects primarily use Legislate for employment, consultancy, inside contracts, and phrases of enterprise agreements.
The corporate, which till now has targeted on creating an answer for startups and scaleups, is utilizing the funds to double down on UK gross sales and put together for worldwide growth in 2023.
FinSMEs
14/03/2023
