Delhi NCR-based legaltech startup, Lawyered, has raised $2.5 million (appoximately Rs 23.2 crore) in a pre-Collection A funding spherical co-led by Rainmatter and Turbostart, with participation from current investor Finvolve.
The startup plans to make use of the raised funding to scale its platform, strengthen product choices and speed up person acquisition, with a specific deal with increasing its AI capabilities.
Based in 2018 by Himanshu Gupta, a former product lead at LexisNexis India, Lawyered offers AI-supported software program instruments aimed toward delivering on-road authorized help and danger administration companies. Its flagship product, Lawyer On-The-Spot (LOTS247), connects customers to authorized professionals for points akin to accidents, disputes and compliance-related conflicts.
The platform additionally consists of ChallanPay, which permits customers to trace and resolve site visitors fines throughout India, and Freeway Heroes+, a subscription service providing insurance coverage and authorized help for truck drivers.
Lawyered stated it has resolved greater than 200,000 authorized circumstances and helps over two million autos, working with greater than 800 companies nationwide. The startup plans to broaden past the mobility sector into industries akin to finance, actual property and healthcare.
“Authorized has all the time been reactive, fragmented, and costly. We’re reimagining it as infrastructure: always-on, embedded, and accessible,” Gupta stated. “We’ve got constructed merchandise that resolve actual, high-frequency authorized issues at scale.”
“In a fragmented area like logistics and mobility, authorized processes have all the time been reactive. Lawyered helps shift away from this mindset and offers a proactive layer that has considerably boosted compliance,” Rainmatter stated.