Keith

Investor: Breega, Backed VC

Investor: Backed VC

Keith, an AI-first law firm founded by THIS co-founders Andy Shovel and Pete Sharman, has successfully secured £2 million in seed funding. The round was led by Backed VC, with participation from Breega and several angel investors, as the company prepares to disrupt the £54 billion UK legal market. Summary of transaction details: Value: £2 million Sector: LegalTech, DeepTech & AI Advisor: Not mentioned Key Entities: Target Company: Keith Lead Investor: Backed VC Other Investors: Breega, Angel Investors Location: UK Note: This seed funding will enable Keith to launch its AI-powered platform, which aims to automate 80% of legal workflows and provide 24/7 client support, initially focusing on the conveyancing sector. The investment reflects a growing market demand for technological innovation to address the inefficiencies and high transaction failure rates prevalent in the traditional legal services industry.