Ravel Law offers a data-visualization product that sifts through millions of legal documents in seconds to surface precedents and outliers, aiming to speed legal research. The founders developed the first version at Stanford’s d.school and LaunchPad with help from Stanford engineering students. The tool uses publicly available sources and presents insights in visual maps to help lawyers see larger stories in case law. The company is exploring pricing models that vary by firm size and expects easier adoption among solo practitioners and smaller firms under pressure to reduce rates. Ravel plans to expand its information stores, likely by partnering with law schools. Financially, Ravel disclosed an $8.1 million funding round to support product development and growth; the article notes lawyers spend roughly 30% of their time on research, an industry metric the product targets to reduce.

Total raised

$8M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2014