đ©đ° Pandektes secures âŹ2.9 million in seed-round
At Pandektes, weâre on a mission to revolutionize legal research with artificial intelligence. Weâre thrilled to announce that weâve secured 2.9M EUR in a seed investment round led by People Ventures and Interface Capital. This marks a major milestone in our journey to break down jurisdictional barriers and provide lawyers across the EU with unprecedented access to comprehensive legal data.
Reimagining Legal Research with AI
In two years, weâve already established ourselves as a game-changer in legal research. Traditionally, legal professionals have relied on cumbersome, fragmented systems to find relevant case law and statutes. We have disrupted this norm by developing an AI-powered assistant that enables lawyers and legal teams to quickly identify legal precedents from a vast collection of verified sources. Our platform has already been widely adopted by leading Danish law firms, in-house legal departments, and public authorities, proving its effectiveness and necessity.
âThis investment enables us to scale our platform and advance our mission to revolutionize legal research and knowledge-sharing, not just in Denmark but across Europe,â says our CEO, Casper Laursen. âWe are incredibly grateful for the trust our investors have placed in us and are excited to push forward with our strategic and technological goals.â
Why Investors Believe in Pandektes
The seed round is led by People Ventures, a Danish venture fund founded by the Zibrandtsen family, and Berlin-based Interface Capital, established by former founders of Pitch and Blinkist. Both investors see enormous potential in our innovative approach to AI-driven legal research.
âPandektes has created a product that addresses a real and pressing challenge in a traditionally conservative industry. Their ability to combine cutting-edge AI with a strong emphasis on data quality makes them a unique player in the market,â says Magnus Stagsted, CFO at People Ventures.
A key differentiator for Pandektes is our focus on cross-jurisdictional legal research. Despite the existence of a shared EU legal framework, finding relevant case law from other jurisdictions has historically been a daunting task. By leveraging AI, we simplify this process, giving legal professionals a level of insight that was previously out of reach. This advantage positions Pandektes as a strong competitor to legacy legal research providers that have yet to fully embrace an international perspective.
The Future of Pandektes: Precision, Reliability, and Expansion
With fresh funding in hand, weâre doubling down on what sets us apart: precision and reliability. Weâre not looking to add an overwhelming array of new features but rather to refine and drastically improve the core technology and push the boundaries of what is possible using AI for legal research.
âIn legal AI, it all comes down to the quality of the source data,â says our Co-founder, SĂžren BrokĂŠr. âWeâre not just delivering quick resultsâweâre ensuring our customers receive answers they can trust and apply directly into their work.â
By continuously optimizing our AI models and prioritizing accuracy, we strive to be a reliable and indispensable resource for legal professionals. We are also planning international expansion, with a strong focus on enhancing access to legal information across multiple EU jurisdictions.
From Ambitious Idea to Market Disruptor
When Casper and SĂžren founded Pandektes in October 2022, many industry insiders doubted whether a new player could compete in a market dominated by incumbents with decade long monopolies. However, we brought a fresh perspective, unburdened by traditional legal industry norms.
âNeither SĂžren nor I came from a legal background, and that gave us an advantage,â Casper explains. âWe approached the industry with a learning mindset, speaking with lawyers to understand their biggest pain points in legal research. From day one, our goal has been to build a smarter, faster, and more effective way to access legal knowledge.â
Since our inception, we have prioritized the highest quality legal data and AI-driven research methodologies. We have already achieved remarkable milestones, securing an earlier angel investment round of DKK 6 million and serving +100 clients across multiple countries.
With backing from prominent business angelsâincluding investors with experience in Aiia, Peakon, Penneo, Blinkist, Pitch, and Onomondoâwe are now poised to further cement our place as a modern, trustworthy alternative to traditional legal research platforms.
As the legal industry embraces AI-driven solutions, Pandektes is leading the charge, ensuring that legal professionals across Europe have access to the most comprehensive, accurate, and efficient research tools available. With our latest investment, we are ready to take the next stepâtransforming legal research for the digital age.
Originally published on 4 February by Pandektes.
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