Legal tech startup August raises $7 million from New Enterprise Associates, Pear VC

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Legal tech startup August has raised $7 million in a funding round led by New Enterprise Associates (NEA) and Pear VC. The company is building artificial intelligence (AI) tools specifically for midsize law firms.

The round also saw participation from Afore Capital, several law schools, and angel investors, including Gokul Rajaram, and senior executives from companies like Ramp, OpenAI, and Bain Capital Ventures.

Founded in 2023 by Rutvik Rau, Thomas Bueler-Faudree, and Joseph Parker, August offers modular AI agents designed to automate document-heavy…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Legal tech startup August raises $7 million from New Enterprise Associates, Pear VC



Legal tech startup August has raised $7 million in a funding round led by New Enterprise Associates (NEA) and Pear VC. The company is building artificial intelligence (AI) tools specifically for midsize law firms.

The round also saw participation from Afore Capital, several law schools, and angel investors, including Gokul Rajaram, and senior executives from companies like Ramp, OpenAI, and Bain Capital Ventures.

Founded in 2023 by Rutvik Rau, Thomas Bueler-Faudree, and Joseph Parker, August offers modular AI agents designed to automate document-heavy…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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