Here's the 16-page pitch deck that landed legal research company Jus Mundi a $10 million Series A
Jus Mundi, an AI-powered legal search engine for international law and arbitration, snapped up $10 million for its Series A in September.
Paris-based Jus Mundi raised a €1 million seed round in March 2020, spurring a fivefold growth in annual recurring revenue over the span of 2020, according to the company. Its most recent $10 million Series A was led by C4 Ventures, a European VC firm founded by Pascal Cagni, a former head of Apple Europe. The VC firm has also invested in hot-ticket companies like Foursquare, Nest, and Via.
For instance, conflict checks for arbitrations, where parties appoint their own arbitrators, can typically take days of research. Jus Mundi's global database identifies any existing relationships between lawyers and arbitrators. The conflict checker can save 30 hours of work per arbitrator, translating to millions of dollars in savings for companies, according to de Maistre.
Jus Mundi's strategy is to target specific legal verticals within the international research space. It started with arbitration, expanded into trade, and plans to further go into the sports vertical, according to de Maistre.De Maistre uses statistics to demonstrate product stickiness to Jus Mundi's investors.
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