BOULDER, Col., March 11, 2022 /PRNewswire/ — Fair pointthe artificial intelligence-based platform that improves the legal system by creating efficiencies for potential plaintiffs and attorneys, announced today $6.9 million raised in a seed extension funding round. After initially raising $1 million in 2020, the company extended the funding round, raising an additional amount $6.9 millionbringing the total amount raised to $7.9 million. Divergent Capital and Charge Ventures co-led the round with additional investments from Crossbeam Venture Partners, Honeystone Ventures, Interplay.vc, Weekend Fund, Vijay Krishnan (Co-founder of Turing), Jackson Moses (Co-founder of Mainstreet), and Ali Moiz (Founder of Stonks).
Serving potential plaintiffs and attorneys, Justpoint uses predictive analytics rather than billboards to bring transparency, simplicity, and credibility to the legal process in the personal injury space. For those looking for litigators, Justpoint allows potential plaintiffs to select lawyers based on predicted results based on data. For attorneys, Justpoint takes care of back-office tasks while enhancing litigation discovery so they can quickly understand the merits of a claim and achieve the best results.
“A credible, fair and effective litigation system is the cornerstone of a just society. Everyone who has suffered the cost of injustices, including my family, understands the ripple effects that interrupted legal proceedings can have on individuals, families and communities as a whole.” mentioned Victor Bornstein, Founder and CEO of Justpoint. “We are very grateful to our partners and investors for empowering us to continue to reinvent the litigation system.”
“We love supporting companies that are reinventing massive, inefficient marketplaces with software,” said Ryan Hoover, Founder of Weekend Fund. “Justpoint is not only building a great business in this $100+ billion industry, but more importantly, it is creating a more accessible and fair dispute system for consumers.”
The company will use the funding to further develop its offerings, expanding the lawyer-matching platform for victims of sexual assault and human rights violations, and accelerating the development of a AI-based form helping attorneys better understand the merits of claims.
“We are thrilled to partner with Victor, Oleksandr and the entire Justpoint team to reinvent and democratize the legal services market, a historically broken and archaic space,” said Katie Shea, co-founder and general partner of Divergent Capital. “Every day, millions of people experience a crisis, accident or injury involving our country’s legal system. For these people, Justpoint’s advanced machine learning and natural language processing technology provides smarter and more based on data with the best advocate for their specific case – leading to fairer and more just outcomes Justpoint is well positioned to drive efficiencies in this massive industry and we are delighted to support them on their journey.
The Justpoint team is made up of lawyers, doctors, engineers and technologists dedicated to improving the personal injury legal system. Before founding Justpoint, Victor BornsteinCEO, created technologies to improve hospital systems while serving at two of the nation’s top medical schools, Icahn School of Medicine at Mount Sinai and Texas Medical Center.
Justpoint is the AI-powered platform that improves the legal system by creating efficiencies for potential plaintiffs and attorneys. By using predictive analytics rather than billboards, Justpoint brings transparency, simplicity and credibility to the process of finding personal injury litigators. For attorneys, Justpoint takes over back-office tasks while creating efficiencies in the discovery process so they can quickly understand the merits of a claim and achieve the best results. With more than 1,000 law firms, over 300,000 claims history, and operations in 33 states, Justpoint’s team of lawyers, engineers, and physicians are dedicated to improving access to justice. For more information, visit https://justpoint.com.
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