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Proof Raises $30.4M to Grow Litigation Services Platform

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Proof Raises $30.4M to Grow Litigation Services Platform

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Proof Technology has secured $30.4 million in Series B funding to advance its on-line litigation companies market.

This funding will allow the authorized expertise firm to scale its platform for authorized doc serving, eFiling and different litigation companies, Proof Technology mentioned in a Friday (Jan. 26) press release.

Proof Technology’s litigation companies market provides legislation corporations and authorities businesses doc supply by way of a nationwide community of course of servers, digital court docket submitting companies and distant notarization, in keeping with the discharge.

Currently, the platform serves greater than 5,000 legislation corporations and authorities businesses and helps them ship or eFile practically 20,000 paperwork every month, the discharge mentioned.

One of Proof’s benefits is its capacity to course of paperwork with greater supply success charges and inside shorter time frames in comparison with business averages, per the discharge. This is made potential by way of its community of course of servers situated throughout the nation and inside U.S. territories.

Eric Voogt, founder and CEO of Proof Technology, mentioned within the launch that he envisions the corporate because the go-to on-line market for legal professionals looking for all litigation companies that require human intervention.

Since its inception, Proof has simplified the method of serving and submitting authorized paperwork, lowering the time and trouble concerned in these duties, in keeping with the press launch.

Proof Technology’s proprietary synthetic intelligence (AI)-powered expertise additionally performs an important function within the platform, the discharge mentioned. It analyzes uploaded authorized paperwork to seize important data corresponding to court docket location, concerned events, paperwork to ship and relevant guidelines. This data is then used to establish and find essentially the most appropriate course of server to ship the paperwork. 

With the brand new funding, Proof Technology plans to speed up income development, broaden digital submitting capabilities, improve integrations with authorized business case administration software program and additional leverage AI to create extra efficiencies for its customers, per the discharge.

PYMNTS Intelligence has discovered that generative AI has the potential to speed up the completion of duties within the legal industry with out diluting high quality.

The expertise may help legislation corporations meet the market’s rising demand for transparency and effectivity, in keeping with “The Confluence of Law and AI: An Inevitability Waiting to Happen,” a PYMNTS Intelligence and AI-ID collaboration.

In one other latest growth on this area, on-line funds agency AffiniPay mentioned Wednesday (Jan. 24) that it has embedded generative AI into its legal technology choices to assist authorized professionals enhance productiveness.

AffiniPay’s instruments supply doc summarization capabilities and AI-powered textual content enhancing. Other deliberate options embrace a case and agency search resolution, in addition to automation instruments for creating workflows, sending funds and opening recordsdata.

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