Lawhive, a British startup that wants to use AI to transform the business model of law firms that perform routine legal work for individuals and small businesses, has raised $60 million in new venture capital funding to accelerate its expansion in the U.S.
The Series B funding round was led by Mitch Rales, cofounder of Danaher Corp., a $170 billion science and technology conglomerate. Other investors included TQ Ventures, GV (formerly Google Ventures), Balderton Capital, and Jigsaw. The funding comes less than a year after Lawhive raised a $40 million Series A round.
