The Potsdam startup nu:legal wants to accelerate standard legal processes with AI and is raising 1.3 million euros from investors for this purpose.
Employment contracts, terminations or data protection declarations: Many legal processes in companies are still slow, expensive and manual. At the same time, more and more companies are experimenting with AI tools – but are quickly reaching their limits.
This is where the Potsdam-based legal tech startup Nu:legal wants to start. The company of former Freshfields lawyer Bork Morfaw has now raised 1.3 million euros. The funding round was led by Caesar Ventures.
The platform is aimed at small and medium-sized companies that want to process legal processes such as employment contracts, terminations or data protection declarations more quickly, without having to rely entirely on generic AI tools. “We don’t believe in replacing lawyers,” Morfaw says. “We believe in making legal expertise scalable using technology. Many standard legal processes are still largely handled manually. This costs companies time and at the same time ties up capacity in law firms.”
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From Freshfields lawyer to startup founder
Nu:legal was founded by Bork Morfaw, who previously worked on legal tech and GenAI projects at the business law firm Freshfields. He already became known for “LegalGPT” (formerly “AnwaltGPT”), an AI application for legal support with 200,000 users. According to Morfaw, the experiences from this have shown how great the demand is for fast legal support, but also where generic AI has its limits.
“The problem is not a lack of need for legal advice,” says Morfaw. “The problem is that the existing system was never designed for the speed of modern businesses.”