Lawhive Raises $40M Series A on December 5 to Address $1 Trillion Legal Needs in U.S.

Lawhive, a London-based online legal network, has successfully raised $40 million in a Series A funding round aimed at addressing the $1 trillion unmet legal needs in the U.S. market. The funding, co-led by GV and TQ Ventures, will enable Lawhive to expand its AI-based SaaS tools designed to automate legal tasks for small law firms. This funding round comes less than a year after the company's previous capital raise, highlighting its rapid growth and ambition to disrupt the legal tech landscape. The announcement was made on December 5, 2024.