Legal Tech, SaaS, Predictive Analytics
Claudius leverages artificial intelligence—natural language processing and machine learning—to process new cases, identify the key legal issues, and produce data-backed valuations as to what the cases are worth. As a result, case intake is more efficient (the process is automated) and less costly (instead of legal assistants, paralegals, and attorneys, it's Claudius who reviews new cases); early case assessment is more accurate, so attorneys can spend more time on the cases that matter for their bottom line; and settlement is optimized. As a case progresses, attorneys know precisely when to settle.Claudius is a member company of the Princeton University Keller Center eLab Incubator and Accelerator (2020) and was a member of the 2019 cohort of the Duke Law School Tech Lab Accelerator. It also is a NSF Innovation Corps invention.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Aug 1, 2021 | Grant | $256K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |