MinterEllisonRuddWatts
Level 22, PwC Tower, 15 Customs Street West, Auckland, 1010, New Zealand
Overview
MinterEllisonRuddWatts is a legal & law practice firm that offers from commercial, finance to property law services.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Law Enforcement
- Legal
- Professional Services
Investment portfolio
- McCarthyFinch
Led · Seed · Sep 2018
McCarthyFinch spun out of New Zealand law firm MinterEllisonRuddWatts as an independent startup in 2017 with the goal of streamlining legal workflows through artificial intelligence. Its cloud-based platform offers 18 discrete services that tackle repetitive legal processes such as document review, discovery, and tagging. Using proprietary natural language processing, the system can grasp the context of a case from as few as two or three documents and achieve roughly 90 % accuracy, dramatically reducing review times from weeks to minutes. Rather than selling directly to law firms, the company follows a 'Powered-By' model, exposing its capabilities through RESTful APIs to legal-focused software vendors and large systems integrators. It currently has 10 trials under way with organizations that include the largest law firm in Europe, a major global legal information provider, and the fastest-growing SaaS company in history. McCarthyFinch is also negotiating reseller agreements with Deloitte and Accenture. While engineering remains in New Zealand, the firm plans to open a U.S. office in Los Angeles to support international growth and prepare for its next funding round.
Team
No current team members are available.