Bench IQ, an AI-powered judicial intelligence platform, successfully raised a $5.3 million seed funding round. Battery Ventures and Inovia Capital led the investment. CIBC Innovation Banking, MVP Ventures, Maple VC, and Haystack VC also participated.
This new capital fuels the development of Bench IQ's proprietary judicial dataset and advanced agentic AI tools. The platform helps litigators understand how judges think and rule, enabling smarter legal strategies.
Advancing AI for Litigation Strategy
The funding specifically supports expanding Bench IQ's unique dataset and advancing its AI agents. Furthermore, the company plans to grow its team across the U.S. and Canada. Bench IQ provides crucial insights, unlike traditional legal research platforms such as LexisNexis or Westlaw.
Bench IQ captures the reasoning behind 97% of judicial decisions. Traditional case law platforms often miss this vast majority of rulings. Therefore, the platform offers a deeper understanding of judicial decision-making. This artificial intelligence capability transforms litigation preparation.
Leading AmLaw 200 law firms, including four of the top five, currently utilize Bench IQ. They tailor arguments and strategies to individual judges' philosophies. This legal tech innovation arms litigators with insights to tip the scales in clients' favor. The company, founded in 2023, is headquartered in Toronto, Canada, with founders experienced in data analytics and legal AI.
