Legal software Mary Technology secures $7m funding to improve ‘fact-checking’ for lawyers
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The news: Legal tech company Mary Technologies has secured $7 million in funding led by OIF Ventures backed by venture capital firms Sydney Angels and Empress Capital in a bid to scale its ‘fact-checking’ litigation software used by lawyers.
The context: Mary Technologies said the funding will support expansion efforts into the US alongside the rollout of a self-serve model aimed at small- to mid-sized law firms.
Now operating as a self-serve platform, the company’s Fact Management System is designed to streamline the process of extracting and organising key information from unstructured sources. The platform converts handwritten and unstructured documents into structured, searchable and verified record that integrate with existing practice and management systems.
Since launching in 2023, the company has attracted more than 2,000 lawyers globally including Shine Lawyers, Maurice Blackburn, Hall & Wilcox and Zaparas Lawyers.
What they said: "Facts determine whether a legal case is won or lost, yet the way they’re managed hasn’t materially changed in decades, that’s why we’re building the system of record for litigation facts to move from fragmented information to actionable intelligence,” Mary Technology CEO Daniel Lord-Doyle said.
The source: Mary Technology press release
