Casetext raises $12 million for licensed evaluation assistant CARA
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Licensed evaluation agency Casetext has raised $12 million.
The money will most likely be used to broaden its software program program platform that gives insights into situations cited in licensed paperwork and CARA (Case Analysis Evaluation Assistant), an AI-powered assistant for authorized professionals.
Using pure language understanding, Casetext scans the textual content material of licensed briefs to search out and analyze case citations. Casetext moreover supplies entry to 10 million courtroom situations and statutes annotated by a bunch of litigators.
The $12 million funding spherical was led by Canvas Ventures with participation from Union Sq. Ventures, 8VC, and Purple Sea Ventures. The company beforehand raised $7 million in a 2015 funding round led by Union Sq. Ventures.
Casetext isn’t the one licensed service pushed by AI and pure language understanding.
Remaining yr, laws company BakerHostetler began to work with legal bot ROSS.
Remaining October a gaggle of licensed and computer science professionals made an AI select that was near 80 percent accurate in its analysis of situations heard by the European Courtroom docket of Human Rights.
There’s moreover Visabot for help with visa sorts, and DoNotPay, which has helped people drawback hundreds of thousands of parking tickets. Like Casetext, every Visabot and DoNotPay had been made in Palo Alto, Calif.