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Paxton leadership, from left: Michael Ulin, co-founder and CTO; Jen Paau, COO; and Tanguy Chau, co-founder and CEO. (Paxton Photo)
Paxton, a Bend, Ore.-based legal tech startup, raised $22 million to fuel growth of its AI-powered platform, the company announced Wednesday.
The Series A funding was led by Unusual Ventures, alongside Kyber Knight, 25Madison, and Wisconsin Valley Ventures. Paxton has raised $28 million to date.
Paxton’s tech is used by legal professionals to automate and expedite labor-intensive tasks. Artificial intelligence helps with real-time legal updates, multi-jurisdictional research, and rapid document drafting, according to the company.
Paxton was co-founded in 2023 by CEO Tanguy Chau and CTO Michael Ulin.
The startup, which employs 20 people, says it has experienced 14x growth in monthly recurring revenue and an 8x increase in active customers over nine months. The new cash will help expand Paxton’s technology, grow the team, and meet demand from legal customers.
“Our mission is to make advanced legal tools accessible to firms of all sizes,” Chau said in a statement. “With this funding, we’re poised to drive innovation, enhance efficiency, and transform how legal teams operate.”
Other legal-tech startups are tapping into AI to improve efficiency, including:
Seattle-based Predict.law, which uses AI to help attorneys and their law firms better predict the outcome of legal cases.
Theo Ai, which helps legal professionals predict the likely outcome of cases.
Supio, which raised $25 million to supercharge a software platform designed to help lawyers quickly sort, search, and organize case-related data.
