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Legal tech startup Jhana successfully extracts $1.6 million in Seed Funding round

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Jhana, a legal-tech startup focused on AI-powered legal assistants, has secured $1.6 million in a seed funding round led by Girish Mathrubootham, founder of Freshworks, and Manav Garg, founder of Eka Software, through their VC fund, Together Fund.

The funding round also attracted several prominent investors, including Shyamal Anadkat from OpenAI, Scott Davis of VMWare, Kunal Shah, founder of CRED, and Razorpay founders Harshil Mathur and Shashank Kumar. Other notable participants include Cory Levy, founder of First Text, Z Fellows, After School, and Ojas Shukla, as noted in a company press release.

According to the company, additional funding from Indian investors is anticipated, with the complete details of the round to be publicly disclosed soon.

Jhana plans to utilize the new capital to enhance its proprietary legal datasets and models, while also expanding its team with researchers specializing in law and artificial intelligence.

Founded in 2021 at Harvard University, Jhana offers AI-driven legal assistants aimed at helping lawyers, law firms, and in-house legal teams streamline their research and document review processes.

The startup's AI paralegal solutions enable users to generate legal outputs, such as propositions, citations, and comprehensive memos, using natural language inputs. The system leverages a proprietary database of over 15 million case law records, statutes, academic sources, and web-based references, ensuring accuracy and thoroughness in legal research.

Additionally, Jhana provides customizable and siloed AI solutions for enterprise clients, allowing them to integrate AI seamlessly into their existing cloud and file ecosystems. By harnessing AI, Jhana’s solutions aim to boost productivity and minimize errors in legal work.

With this funding, Jhana is poised to advance its AI-driven legal technology and expand its presence in India and beyond.