Aloi raises SEK 67M to expand legaltech platform into the US

What's the deal? Swedish AI startup AloiDealroom has a profile for this one. Try Dealroom → has raised SEK 67 million (about €6 million) in an early-stage round backed by existing investors, including Investing.comDealroom has a profile for this one. Try Dealroom →. The company is building an AI platform for legal intelligence and institutional knowledge.

Why now? Chief executive officer and co-founder Johan HägerDealroom has a profile for this one. Try Dealroom → said Aloi is expanding into the US and hiring aggressively. The funding gives the company capital for that expansion and continued product development.

The signal: The raise comes as Aloi positions its legaltech platform for international growth, with management signalling that further investment is planned.

Read more: Breakit

Image credit: Aloi