AI-powered digital ‘double’ platform start-up Twin1 has announced it has secured $20m in fresh capital in a seed funding round.
The financing round was co-led by a triumvirate of investment firms: Bessemer Venture Partners, Tribeca Venture Partners and Aramco Ventures.
They were joined by other participants including EJF Ventures, Tin Alley Ventures, AGI House Ventures, Neo, F-Prime, Btech Consortium, Antiportfolio Ventures, Lakestar, Notion Capital and Insiders Ventures.
Angel investors participating included Dawn Capital co-founder Haakon Overli, Wiz co-founder Roy Reznick, Notable Capital managing partner Hans Tung, former McKinsey senior partner Kevin Buehler, prominent climate tech investor Robert Trezona and the former global co-head of Macquarie Capital Dan Wong.
There was also strategic investment from global law firm Orrick.
The firm says the funding will be allocated towards the expansion of its teams in London and San Mateo, California, along with enhancing its core technology offerings and efforts to attract new customers.
Twin1 operates by pairing a legal professional with an AI-powered digital ‘twin’, designed to preserve work knowledge, expertise, preferences and relationships.
The twin is embedded in a lawyer’s working environment such as in meetings and producing documents, and can work across everyday tools like Microsoft Teams, depending on where the user allows the twin to access data.
Dr. Lewis Liu, co-founder and CEO of Twin1 AI, said: “Our belief is that AI should work for people, not be done to them. Twin1 gives every professional a digital twin that preserves and amplifies their knowledge, judgement and voice, while keeping privacy, permissions and human agency at the core.”
Elliott Robinson, partner at Bessemer Venture Partners, said that enterprise knowledge has become gradually fragmented “creating real friction” over how organisations use expertise.
He added: “Twin1 AI is building an individual-first context layer that allows users to extend their knowledge across teams and systems. We believe this represents an important shift in how AI can be applied to knowledge work while preserving control and ownership.”
The firm says that over the past year Twin1 has been deployed across law firms Orrick, Linklaters and Dechert, along with financial services and energy partners.
Clients have reported that the platform has automated between 30-50% of their communications work.
San Francisco-based Twin1 was founded last year by a quartet of Dr Liu, chief product officer Jonathan Budd, chief growth officer Tom Cahn and chief technology officer Huiting Liu.
Dr Liu and Cahn also co-founded development firm Eigen Technologies, where they were joined by Huiting Liu, who was a software engineer.
Prior to co-establishing Twin1, Budd was at JP Morgan for almost four years, latterly as applied AI lead.
In other recent early-stage funding activity in the legaltech market, earlier this month Jersey-based AI dispute intelligence start-up Aavalynx secured £1.5m in a pre-seed funding round.
Also in August, US AI-powered intellectual property governance start-up CopySight raised $3m in seed funding, led by venture capital and seed investor Mucker Capital, joined by Taisu VC, Flint Capital and early-stage tech investor Yellow Rocks.
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