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Brightflag secures $28m investment as legaltech firm eyes global expansion
Legaltech company Brightflag has raised $28mn from investors as it seeks to expand its international footprint and fund further product innovation.
Brightflag – which provides AI-powered legal spend and matter management tech to in-house teams – currently has 90 employees spread across Dublin, New York and Sydney, with the company expected to add 60 new jobs globally by the end of next year. Growth investors One Peak led the deal, with existing investors Sands Capital Ventures and Frontline Ventures also taking part in the transaction.
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COVID-19 ups demand for AI-powered legal tech, but adoption is uneven: lead consultant, Kira Systems
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Collaboration – Unleashing a New Wave of Data-Driven Innovation
This session will explore a new cross-sector consortium of major businesses and universities set to provide the key to the suffocating challenge of data access for regulated industries through a Responsible AI powered industry-agnostic platform; the AIR Platform.
Source: NetLaw Media
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