Browsing: unicorn

Investment in legal tech startups, particularly those incorporating artificial intelligence, has soared in recent quarters, signaling a transformative shift in the legal industry.

Clio, a Vancouver-based legal tools platform, has raised $900 million in Series F funding, reaching a $3 billion valuation. This is the largest funding round ever for a Canadian startup.

Defense and aerospace startup Shield AI has raised $240 million in a Series F strategic funding round, nearly doubling its valuation to $5.3 billion.

EvenUp, a legal tech startup specializing in AI-driven solutions for the personal injury sector, has secured a $135 million Series D funding round, valuing the company at over $1 billion.

A look at the performance of venture-backed tech and biotech companies that went public in 2024.

Defense tech startup Saronic secured a $175 million Series B funding round, reaching a $1 billion valuation, as the industry continues to attract substantial investment.

Predictions for the startup world in the coming year, including M&A, IPOs, AI, white-collar recession, and space/defense tech.