📣 Update: we raised our $60m Series B from @Lux_Capital, @IndexVentures and @01Advisors, with participation from @sequoia, @eladgil and @BainCapVC .
When we came out of stealth 283 days ago, we had negotiated contracts worth $30m for our clients. As of last month, that number is over $1 billion.
We work with the most ambitious companies in the world, including @tryramp, @clay and @RogoAI. Today, we want you to hear from some of them directly.
Contracts are the rails of commerce. @crosbylegal is a hybrid AI law firm that gets them signed 80% faster. We’re announcing our Series B to keep scaling the dream law firm.
When I was running my startup, we were trying to figure out how to help a customer structure an equity sale and needed guidance from our lawyers.
We hopped on a call on a summer Friday and I was horrified to see 8 people from the law firm had joined the call. 5 were off camera and barely spoke. At the end of the month, the bill came: $11,000.
I'm glad the billable hour is over and a better model has arrived.
Faster, faster, faster. This is what it means to win in the AI era.
@braintrust is one of the winners. In a matter of months, they became the go-to platform for observability and evals.
Today we finally get to share the story of how @crosbylegal partners with their team 🚀
At a recent Anthropic user conference they noted that for every dollar spent on their software, customer spent $8-$12 on services.
You’re not bullish enough on AI services.
POV: You just paid S&C, one of the three most expensive and high-powered law firms in the world, $3000 per hour to submit AI slop to the court on your behalf.
No one is safe.
The neofirms of the future won't just be faster, they will be better.
They're powered by a new business model with better inecntives. In other words: fewer billable hours, more innovation.
This is something to celebrate... and so we did :)
Watching TBPN live in the office was the most fun part of our launch day. @johncoogan & @jordihays have recreated the magic of an OG TechCrunch article dropping
"If you have agents that can do entire swaths of legal work, then the best thing you should do is start a law firm.
Because you're selling work to clients, not merely fractions of work or helping lawyers along.
We're able to do end-to-end work in a way that if you're just selling a legal copilot, I think you're going to face a lot of competition just from the models with no customization."
- Crosby CEO @ryanjdaniels on @tbpn with @jordihays & @johncoogan announcing our $60M Series B led by @Lux_Capital & @IndexVentures