Jhana Raises $1.6 Million in Seed Funding to Revolutionize AI-Powered Legal Assistance
Bengaluru-based legal-tech startup Jhana has secured $1.6 million in a seed funding round led by Girish Mathrubootham and Manav Garg’s VC fund, Together Fund. The round also saw participation from prominent investors including Shyamal Anadkat, Scott Davis, Kunal Shah, Harshil Mathur, Shashank Kumar, Cory Levy, Z Fellows, and Ojas Shukla.
The fresh capital will enable Jhana to further develop its proprietary legal datasets and models, while expanding its team with researchers in law and AI. The company plans to use the funding to enhance its AI-driven legal assistants, designed to help lawyers, law firms, and in-house legal teams streamline research and document review processes.
Key Highlights of the Investment:
- Funding of $1.6 million: Led by Together Fund, a venture capital fund backed by Girish Mathrubootham and Manav Garg.
- Participation from prominent investors: Shyamal Anadkat of OpenAI, Scott Davis from VMWare, Kunal Shah of CRED, Harshil Mathur and Shashank Kumar of Razorpay, Cory Levy of First Text, Z Fellows, and Ojas Shukla.
- Company plans: Utilize the funding to enhance its AI-driven legal assistants and expand its team with researchers in law and AI.
- Founding: Founded in 2021 at Harvard University, Jhana provides AI-driven legal assistants for lawyers, law firms, and in-house legal teams.
Jhana’s AI paralegal solutions enable users to produce legal outputs such as propositions, citations, and full-fledged memos based on natural language inputs. The system draws from a proprietary database of over 15 million case law records, statutes, academic sources, and web-based references to ensure accuracy and comprehensiveness in legal research.
Increasing Productivity and Reducing Errors in Legal WorkJhana’s solutions aim to increase productivity and reduce errors in legal work by leveraging AI. With this funding, Jhana is set to advance its AI-driven legal technology and expand its footprint in India and beyond.
