Predict your next investment

Pravoved.ru company logo
INTERNET | Internet Software & Services / Legal
pravoved.ru

See what CB Insights has to offer

Stage

Series A | Alive

Total Raised

$2.04M

Last Raised

$1.04M | 4 yrs ago

About Pravoved.ru

Pravoved.ru is a Russian legal consulting platform, offering a robot lawyer, which is powered by machine learning and artificial intelligence.

Pravoved.ru Headquarter Location

Ilovaiskaya, 10 Building 1

Moscow, 109651,

Russian Federation

8 499 705-84-25

Latest Pravoved.ru News

Russian robot-lawyer secures $1 million from two major funds

Mar 19, 2018

AddVenture and Target Global Fintech Opportunities have injected 60 million rubles (roughly $1 million) to support  Pravoved.ru,  a legal consulting platform, the Russian media reported last week. The Pravoved legal consultants serve 7 million users per month — a record in Russia and even Europe, claims the company. The data accumulated over the years by this remote legal consultation service is now being used by a robot-lawyer powered by machine learning and artificial intelligence. Launched very recently, the robot-lawyer answered more than 1,700 questions in the first month of its work — the equivalent of about 600 hours of a human lawyer’s time, according to the Skolkovo Foundation . Pravoved’s founders believe that, in five years, the robot will be able to answer more than 70% of users’ questions in a variety of fields. One of the first American robot lawyers, ‘DoNotPay,’  received much hype last year  – but also sparked controversy. Thus, Californian writer and lawyer Ephrat Livni  called  to “object claims that a simplistic bot can do the complex job of a human who specializes in language and is trained in the art of argument.” AddVenture is a major Russian venture capital firm, which launched its first fund in 2008. It already invested $1 million in Pravoved in August last year. Target Global Fintech Opportunities was created last year  to invest in marketplaces, mobility, insurtech, regtech and fintech, essentially in Europe and Israel.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Pravoved.ru

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Pravoved.ru is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

7,904 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Pravoved.ru Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Pravoved.ru Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.