UK-founded legal tech startup Definely has been awarded a £585,000 grant from Innovate UK.
The funding, which closely follows Definely’s $7m Series A in May, will support Definely’s focus on creating new GenAI products aimed at making accessing and understanding the information within legal documents simple.
Nnamdi Emelifeonwu, CEO and co-founder of Definely, commented: “This grant from Innovate UK is a testament to our mission of simplifying the way the legal world understands information. The project will allow us to invest further in the development of leading technology innovations, with AI at the core, to create solutions that make life easier, more efficient, and more competitive for legal professionals by simplifying the process of reviewing documents. We’re grateful to Innovate UK for their confidence in our roadmap and are excited to see the plans come to fruition.”
Innovate UK, part of UK Research and Innovation, is the UK’s innovation agency. They help UK businesses to grow through the development and commercialisation of new products, processes and services.
Definely is already working with law firms and Fortune 500 companies such as A&O Shearman, Slaughter and May, Womble Bond Dickinson, Dentons, Eversheds Sutherland, DLA Piper, Deloitte and Barclays.
“We are always keen to explore new ways to improve the quality, consistency and speed of our delivery for clients. The challenge is always getting busy lawyers to find the time to try something new.” Says Sam Dixon, Partner, Womble Bond Dickinson. “So how refreshing it has been to find a tool which meets lawyers where they are already working, can be used out of the box, delivers really obvious value every day and that lawyers actually want to use.”