# LAWIRED

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lawired

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.lawired.co.kr
- Latest round: Seed (Jul 20, 2021)
- Investors on record: 1

## About

LAWIRED, based in South Korea, specializes in developing AI-driven legal solutions to improve accessibility to legal consultations and case evaluations for individuals and small businesses.Founded in 2021 in Seoul, South Korea, LAWIRED operates in the legal tech space, focusing on enhancing legal services through artificial intelligence. The company has executed 1 deal as of July 20, 2021, when it raised Seed funding from New Paradigm Investment.LAWIRED's primary offering is Albab, an AI legal assistant application that enhances access to legal consultations and case evaluations. Albab features an AI diagnostic tool for assessing legal matters, including contract reviews and personal injury claims. Users can receive tailored insights and consult licensed attorneys based on the AI's evaluations, targeting individuals and small businesses seeking legal guidance primarily within South Korea.Albab utilizes a transactional model, incorporating service fees for AI diagnostics and consultations with attorneys. Users may opt for a subscription model or pay-per-use structure, which allows for flexibility in accessing legal services. The platform engages directly with consumers, emphasizing accessibility and affordability, although specific pricing details are not disclosed.Following its Seed funding round in July 2021, LAWIRED plans to utilize the investment to develop a search engine and upgrade its data analysis service, particularly focusing on traffic crimes, defamation, and property crimes. The company may also explore expanding its market presence beyond South Korea, with specific new geographies targeted for growth, although further details on potential regions and timelines are not specified.

## Funding rounds

- Seed, Jul 20, 2021 — New Paradigm Investment

## Investors

- New Paradigm Investment (https://capitalatlas.ai/funds/new-paradigm-investment) — Seed