Beagle, a company that says it is harnessing the power of native AI to make e-discovery “cruelty free,” has raised $3 million in a seed funding round.
The round was led by ML Capital and supported by other investors including Davidovs Venture Collective (DVC) fund and Hugging Face’s co-founder Thomas Wolf.
Beagle says that, by leveraging advanced technologies such as machine learning and natural language processing, it can significantly reduce the time and costs associated with first-pass e-discovery reviews.
“The platform’s capability to automate the first pass review is unparalleled, offering the speed of 100 attorneys working simultaneously, but at a fraction of the cost, without compromising quality,” the company says.
Founded in 2021, and currently in beta, Beagle will be one of the 15 startups competing next week in Startup Alley at ABA TECHSHOW. It says it is currently serving customers and has already been used used for high-profile cases. It expects a broader commercial release later this quarter.
Beagle’s cofounder and CEO, Sergey Demyanov, was formerly manager of machine learning at Snap Inc. and, before that, founder of a company called Teleport Future Technologies, which used machine learning for visual editing, and which Snap acquired in 2018.
If you are interested in joining the waitlist to try Beagle, you can do so here.
