Scandinavian legal tech startup Juristic snaps $1M to empower lawyers with AI


Source: TFN

Juristic, a Scandinavian legal tech startup transforming the way lawyers work with legal cases and law, has secured $1 million in an investment round. The round witnessed contributions from Ugly Duckling Ventures (invested in Kollektive and BeCause) and Jonatan Hjortdal. Other investors include law firm partner, investor, and serial entrepreneur Jens Bang Liebst, who has founded multiple legal tech companies.

The company will use this investment to accelerate its growth trajectory, strengthen its market position, and further enhance its product offerings, especially within artificial intelligence. It plans to fuel its growth and expansion plans in Scandinavia and Europe.

“We are thrilled to have secured this investment, which will empower us to continue driving innovation in the legal industry,” said Christian Hjortshøj, LL.M. and co-founder of Juristic ApS. “With the support of such a strong team of investors, we are confident in our ability to continue delivering exceptional value to our customers and their clients”.

Rune Hven-Jensen, Co-Founder and GP in Ugly Duckling Ventures said: “From the first meeting and all through-out a meticulous and well-executed due diligence process, Juristicshowed us an incredible technology that has the potential to expand across borders – without restrictions due to jurisdictions or language. In other words, it can be used by anyone and has the potential to drive a true paradigm shift in the approach to legal tech!”

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