Seattle-area authorized tech startup Advocat wins high prize of $200k at San Diego Angel Convention

Seattle-area legal tech startup Advocat wins top prize of $200k at San Diego Angel Conference

Advocat Applied sciences CEO Pradnya Desh with the corporate’s winnings from the San Diego Angel Convention. (Photograph courtesy of Advocat)

Advocat Applied sciences, a Bellevue, Wash.-based startup which makes use of synthetic intelligence to information analysis and drafting for enterprise authorized departments, took high honors and $200,000 in funding on the San Diego Angel Convention.

The College of San Diego College of Enterprise program prompts accredited angel traders and engages promising early-stage corporations.

Advocat is a authorized tech supplier that reduces the workload for in-house attorneys. Its system allows a non-attorney enterprise consumer to speak with Advocat’s system, which makes use of AI to grasp what the consumer wants. The AI selects the right inner authorized template and asks the consumer a collection of questions, drafts a doc and sends the draft to in-house counsel for approval. The profit is that it saves a major period of time in consumption and drafting.

Advocat CEO Pradnya Desh is an legal professional, former regulation agency accomplice and former U.S. diplomat who says her firm is reworking enterprise authorized by enabling every in-house legal professional on Fortune 1,000 authorized groups to do the work of greater than seven attorneys.

“This funding allows us to additional develop our expertise and ramp up advertising as we advance our mission to leverage AI to allow attorneys to do extra in much less time,” Desh mentioned in a information launch. “We’re particularly appreciative of the information, instruments, and connections we’ve constructed by way of SDAC — really invaluable.”

Earlier than successful in San Diego, Advocat was bootstrapped by the founders, together with Desh, Haresh Ved, and Chetan Desh, and has raised an extra $800,000.

Advocat beforehand took half within the Microsoft-supported SaaS Launch Lab for female-led enterprise software program corporations. And it was amongst 26 startups in final summer time’s Washington Expertise Trade Affiliation Founder Cohort Program.

Clearbrief, one other Seattle authorized writing startup that’s utilizing AI to alter the business, lately raised $1.2 million.

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Written by LessDaily.Com


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