Esquify, a Chicago, IL-based provider of a legal technology platform for human document review, secured $710K in seed funding.
The round, which brings total funding since launching to $1.25m, was led by Network Ventures with participation from Foley Ventures, the investment arm of national law firm Foley & Lardner LLP, and Bridge Investments. In conjunction withe the funding, Network Ventures’ Managing Director Jeff Maters will join Esquify’s Board of Directors.
The company intends to use the funds to accelerate growth.
Led by Drew Stern, Founder and Co-CEO, Scott Stuart, Founder and Co-CEO, Esquify employs proprietary, machine learning technology in eDiscovery to deliver productivity benchmarking tools and analytics that improve quality in legal document review and increase overall accountability and quality.