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Seed funding spherical led by Thorntons
EDINBURGH-based Miso Legal, has raised substantial Seed funding from a world group of angel buyers, supported by Thorntons’ specialist excessive development group.
The funding will allow Miso Authorized to spend money on additional enhancing and advertising the case evaluation platform, which was created to assist litigators to handle extra effectively their document-heavy, complicated caseloads.
Along with serving to Miso to construction and full its Seed funding, Thorntons has additionally adopted Miso Authorized throughout its litigation groups.
Miso Authorized was designed by litigators with sensible, real-life expertise. It goals to rework the litigation course of for solicitors and advocates by monitoring, organising and cross-referencing all info associated to circumstances in a means that enables groups to simply extract key information, share paperwork and collaborate.
The newest funding spherical will help additional growth of the app, which is about to develop past litigators to incorporate all features of the dispute course of.
Philip Petersen, CEO, Miso Legal, stated: “Miso Authorized has been designed by litigators with years of expertise – we perceive the pressures that legal professionals and everybody concerned within the litigation course of face.
Miso’s founder and former specialist insurance coverage advocate, Pete Milligan continued: “It’s been extremely rewarding to see the constructive influence it has had at Thorntons. We’re grateful to the agency for being an early adopter and for the superb recommendation and help its educated folks offered throughout our two funding rounds.”
Alistair Lang, partner and Head of High Growth at Thorntons, stated: “Digitisation is having a profound impact on the authorized trade, permitting regulation corporations to work extra effectively and successfully by lowering the period of time spent on paperwork and largely guide, administrative duties.
“Miso Authorized is a superb product and its builders have thrilling plans to develop and develop the platform. It’s nice to see one other dynamic, Scottish-based tech enterprise obtain success.”
Amongst those that have used the tech at Thorntons is Michaela Dougan, affiliate within the agency’s private damage group.
She defined: “I used Miso in a sophisticated, long-running scientific negligence case which was litigated within the Courtroom of Session.
“The time-saving ingredient is totally key. There was a substantial quantity of medical data, knowledgeable experiences and correspondence which was simply shared between myself and counsel with out problem. There have been additionally options to permit counsel to ‘go away notes’ on sure paperwork which lower down on a big trade of pointless emails or calls. Ebundles are made fast and straightforward, too.
“Because the courts and corporations transfer in direction of being paperless or a minimum of paper lowered, it’s a platform which can streamline processes for litigation practitioners each day.”
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