Robin AI Secures $26M to Expand Legal Contract Automation Globally
January 3, 2024
London-based legal tech startup, Robin AI, has raised $26 million in a Series B funding round led by Temasek.
The total funding of Robin AI is nearly $43.6 million.
Robin AI develops an AI 'copilot' for creating and reviewing legal contracts, available as a free Microsoft Word add-in.
The AI technology can create contracts, review existing ones, propose edits and reduce contract review time by over 80%.
The funding will be used to expand operations in the US and Asia-Pacific region, and hire more AI and machine learning experts.
Robin AI's platform is used by multinational corporations, SMEs, scaleups, and notable clients like Pepsico, PwC, and Yum! Brands.
The AI assistant provides language prompts and suggestions for edits, based on Anthropic's Claude AI model.
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