Responsiv, a Chicago, IL-based provider of an AI Assistant for in-house legal teams, raised $3M in Seed funding.
The round was led by Greylock with participation from OnDean, the family office of Andrew Sieja, the founder of Relativity, Permanent Capital Ventures, and Julius Genachowski.
The company intends to use the funds to expand operations and its development efforts.
Founded by Nikita Solilov and Jordan Domash, Responsiv is developing an AI assistant that answers legal questions for in-house lawyers using natural language to describe what they are looking for and get a specific answer. It lets attorneys use natural language to describe what they are looking for and get answers that are backed by verifiable references. Responsiv aggregates relevant statutes, cases, regulatory guidance, and legal analysis, and generates a comprehensive answer enriched with in-line references. Beyond this fact finding, it also generates clauses, templates, or policies that align with the output.
FinSMEs
02/11/2023