Darrow.ai Raises $24 Million to Uncover Business Crime

▤ Summary

Darrow.ai, an Israeli startup with a new platform to help attorneys uncover misdeeds by companies in related to class action suits, raised $20 million In investments led by F2 Venture Capital, Entrée Capital, NFX, and Y-Combinator. If you have ever seen any of those movies about a class action suit against a big company then you know how hard it is to win such a case. John Travolta starred in one such movie called simply “A Civil Action.” That movie, from 1998, was based on the true story about a law suit brought against a major company for polluting local drinking water. Then the lawyers get a delivery of millions of pieces of paper meant to drown them by wasting their time in a review of everything. Founded in 2020 by CEO Evyatar Ben Artzi, CTO Gila Hayat and COO Ela Spiegelman, two lawyers and a former member of the IDF’s Unit 8200, Darrow says that its legal data platform allows attorneys to attend to the “most impactful legal violations happening every day and win in court.” Darrow promises that, based on the users specified preferences, its engine will scan the deep web for relevant data and access fused sources beyond the “reach or visibility of standard practice.” Information about notable indications of wrongdoing is then extracted and enriched.

$ Funding

▦ Linked Companies

PayPal

$1B+