Lawhive, a UK-founded legaltech company, has announced a $60 million Series B funding round. The company focuses on transforming how consumer legal services are delivered using artificial intelligence. This fresh capital will help Lawhive grow its presence across the United States and enhance its technology.

Significant Investment from Industry Leaders

The funding round was led by Mitch Rales, co-founder of Danaher Corporation, a major publicly traded company. Other notable investors include TQ Ventures, GV (Google Ventures), Balderton Capital, Jigsaw, Anton Levy, and LTS. This investment comes less than a year after Lawhive raised $40 million in its Series A round.

With the new funds, Lawhive now reports annual revenues surpassing $35 million. This marks an impressive sevenfold increase within just 12 months, reflecting strong growth and market demand for its services.

Targeting a Massive and Growing Market

The company operates in 35 US states and has plans to expand to all 50 states. It also launched in the UK earlier this year, establishing its AI-native law firm model there. The consumer legal market in the US alone is worth around $200 billion annually, but research indicates up to $1 trillion worth of legal needs go unmet each year.

High costs, backlogs, and manual processes make everyday legal issues slow, expensive, and unpredictable for many people. Family disputes, landlord-tenant conflicts, employment issues, and other common legal problems are often difficult to resolve efficiently. Many lawyers face similar frustrations, hampered by outdated systems and administrative burdens.

Lawhive has developed an AI operating system designed to cut down on time, costs, and administrative work. Its platform helps handle cases more quickly, consistently, and predictably. To date, tens of thousands of clients have used Lawhive to navigate various legal matters, including family law, disputes, property transactions, and consumer rights cases.

Plans for Growth and Innovation

The new funding will accelerate Lawhive’s expansion across the US and support ongoing development of its AI platform. The company’s recent launch in the US has seen rapid adoption, marking it as its fastest-growing market. Lawhive is opening a new office in New York, complementing its existing Austin location, to support this growth.

CEO and co-founder Pierre Proner emphasizes that the growth reflects the size of the problem. He points out that legal issues remain costly and unpredictable for many, while lawyers are held back by manual processes. He believes AI is finally enabling a breakthrough in delivering faster, more reliable legal services to consumers.

Looking ahead, Lawhive aims to expand its innovative model across the highly fragmented US consumer legal market, helping bridge the gap between legal needs and affordable, accessible solutions. The company’s focus remains on making legal help faster, simpler, and more scalable for everyday people and practicing lawyers alike.

Inspired by

• https://justainews.com/companies/funding-news/lawhive-closes-60m-series-b-for-consumer-legal-ai/