Leya, AI-Driven Legal Tech, Gets $25 Million Series A Funding

Leya, an AI-driven legal platform, said Wednesday that it has raised $25 million in a Series A funding round.

The latest round was led by Redpoint Ventures, it said. Existing investors Benchmark, Y Combinator, and Wayfinder Ventures also participated, as did Alt Capital. The new money will be used to accelerate the Swedish company’s product development and growth.

Leya’s software helps lawyers to review, search, and draft documents. The company has thus far concentrated its efforts on European markets, with plans to eventually bring its platform to the US. It recently announced a proof-of-concept trial with international law firm Bird ...