Robin AI secures €23.7M to be the AI copilot for your contracts

London and New York Robin AI, the AI-powered legal copilot, announced on Wednesday that it has secured $26M (approximately € 23.7M) in a Series B round of funding led by Temasek. The funding will allow Robin AI to expand its team in the US, where 75 per cent of its revenue comes from, and open an office in Singapore to enter the Asia Pacific market. Richard Robinson (a lawyer at Clifford Chance) and James Clough (a machine learning research scientist at Imperial College) founded Robin AI in 2019. This investment will help us to realise this vision.” Robin AI says it has seen significant traction for its contract copilot with customers increasing by 4x in the past year and revenues by 5x. The company claims it has seen demand from the private equity sector where speed is critical to deal closures and where the tracking of obligations to investors can be complex.