On Thursday, Swedish legal tech startup Leya announced a $10.5 million investment round led by Benchmark’s Chetan Puttagunta, with participation from Hummingbird, SV Angel and Y-Combinator.
Founded in 2023, Leya offers a generative AI assistant that looks to help streamline legal tasks such as document analysis, due diligence review, data extraction, legal research and drafting legal documents like memos. A Leya spokesperson told Legaltech News in an email that the tool “integrates its AI system directly with the documents and knowledge that law firms have accumulated over the years, coupled with legal data from over 15 jurisdictions.”
