Stockholm-based legal tech startup, Qura, has announced the successful completion of a €2.1 million seed funding round, led by Cherry Ventures. The round marks a significant milestone for Qura as it seeks to transform the legal industry through its innovative AI-powered search engine designed specifically for lawyers. This platform promises to streamline legal research by enabling professionals to rapidly uncover insights from a vast array of legal sources.

Building a Solution for Legal Research

Founded on the vision of optimizing the legal research process, Qura has spent the past year gathering hundreds of legal sources to build an AI search engine that allows lawyers to significantly reduce the time spent on research. The platform addresses one of the most persistent challenges in the legal field—navigating complex and scattered legal information. By consolidating these sources and employing advanced AI, Qura empowers legal professionals to find more relevant information in a fraction of the time it would traditionally take.

Since its beta launch in April 2024, Qura has already attracted over 50 legal clients, showcasing the platform’s potential to revolutionize how legal teams handle data. The startup is set to further enhance its offering, with plans to use the newly raised funds to improve the platform’s functionality and continue expanding its legal data collection efforts.

Cherry Ventures Leads the Charge

The seed funding round was led by Cherry Ventures, a venture capital firm renowned for backing startups that push the boundaries of innovation. Sophia Bendz, General Partner at Cherry Ventures and a pivotal figure behind Spotify's growth, has joined Qura’s board as part of the investment. Her expertise in scaling digital platforms and her role in expanding Spotify across more than 50 countries make her a valuable addition to Qura’s leadership team.

Qura's founders have expressed their admiration for Spotify's success in seamlessly gathering scattered data into one cohesive platform, a model they aim to replicate within the legal sphere. Bendz’s involvement not only adds credibility but also enhances Qura's strategic vision as it embarks on this transformative journey.

Future Plans and Outlook

The investment from Cherry Ventures will fuel Qura’s next phase of growth, allowing the company to deepen its technological capabilities and provide legal teams with even greater access to critical legal data. With plans to improve the platform’s performance and user experience, Qura is committed to becoming an indispensable tool in the legal tech space.

The startup’s rapid progress since its beta launch signals that it is only at the beginning of its mission to reshape legal research. Qura's leadership is excited about the future and views this funding as a stepping stone toward achieving broader market adoption.

Qura’s €2.1 million seed funding, led by Cherry Ventures, positions the startup as a disruptive force in the legal tech industry. By combining AI with legal expertise, Qura is poised to revolutionize how legal professionals approach research, making the process faster and more efficient. With the backing of Cherry Ventures and the strategic guidance of Sophia Bendz, Qura is set to lead the charge in reshaping the future of legal research and data accessibility for legal teams globally.