Wexler Raises £1.1m to Transform Litigation with AI
Deal News | Dec 09, 2024 | Business Cloud

Wexler AI, an advanced AI-driven platform for legal fact intelligence, has secured £1.1 million in pre-seed funding. The platform aims to streamline legal fact-checking and intelligence gathering in high-stakes disputes, allowing legal professionals to focus on more strategic components of their work. Since its inception earlier this year, the company has seen rapid growth, processing over a million queries and doubling its monthly growth rate. It is backed by leading investors Myriad Venture Partners, Entrepreneur First, and notable angels from the tech and finance sectors. The team at Wexler combines expertise from AI, legal, and business domains. The platform, currently in use by firms like Burges Salmon and potentially Clifford Chance, offers significant improvements in efficiency for litigation processes through its AI capabilities, a boon for reducing manual tasks, mitigating risks, and ensuring swift fact discovery.
Sectors
- LegalTech
- Venture Capital
Geography
- United Kingdom – Wexler AI and some of its collaborating law firms, like Burges Salmon and Clifford Chance, are operating in the UK.
Industry
- LegalTech – The article involves Wexler AI, which is a technology firm developing solutions for the legal sector, specifically in litigation and dispute resolution.
- Venture Capital – The funding activity involves Myriad Venture Partners, a venture capital firm, and other investors supporting the pre-seed financing of Wexler AI.
Financials
- £1.1 million – The amount raised by Wexler AI in its pre-seed funding round.
Participants
Name | Role | Type | Description |
---|---|---|---|
Wexler AI | Target Company | Companies | A LegalTech startup that automates fact-checking and intelligence gathering in legal disputes. |
Myriad Venture Partners | Lead Investor | Companies | Venture capital firm leading the funding round for Wexler AI. |
Entrepreneur First | Investor | Companies | An investor involved in Wexler AI's pre-seed funding round. |
Burges Salmon | Client/Collaborator | Companies | A law firm using Wexler AI's platform for litigation processes. |
Clifford Chance | Potential Client/Collaborator | Companies | A world-leading law firm exploring the use of Wexler AI's platform. |
Gregory Mostyn | Co-founder and CEO | People | CEO and co-founder of Wexler AI, with a background in law. |
Kush Madlani | Co-founder | People | Co-founder of Wexler AI, with a background in trading and AI development. |