Key Takeaways
- • Blackletter, a New York law firm that pairs top-tier lawyers with a proprietary frontier technology platform, raised a US $6 million seed round led by Lerer Hippeau.
- • Participating investors include Seven Stars, Maple VC, Garage Capital, and Ripple Ventures, alongside AI founders Aidan Gomez, Ivan Zhang, and Nick Frosst of Cohere, Jae Lee of Twelve Labs, and Sara Hooker of Adaption Labs.
- • Blackletter will deploy the capital to build out its technology platform and expand its team of lawyers and engineers.
Summary
The round also drew participation from Seven Stars, Maple VC, Garage Capital, and Ripple Ventures. Several AI company leaders also invested, including Aidan Gomez, Ivan Zhang, and Nick Frosst of Cohere, Jae Lee, CEO of Twelve Labs, and Sara Hooker, CEO of Adaption Labs.
Blackletter said it will use the funding to further build out its platform and to grow its bench of what it describes as best-in-class lawyers and engineers. The announcement did not disclose a valuation or further financial terms.
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