The startup June, founded in 2020, is developing an AI-based Case ManagementPplatform for the legal market. The solution automates legal workflows, extracts data, and assists with legal work. In its pre-A financing round led by 5I Ventures, the startup raised a total of €7.3 million from multiple investors.
Following the transaction, 5I Ventures will support the Legaltech in its next phase of growth. The strategic investment is intended to strengthen June's position as an innovator in AI and automation for the legal sector.
June leverages technologies such as Generative AI, NLP, Vision AI, and machine learning to transform unstructured legal data into structured insights. The platform is aimed at both law firms and enterprises with complex legal processes.
5I Ventures focuses on long-term partnerships
5I Ventures sees great potential in June’s development. Lars Godzik, Founding Partner of 5I Ventures, says:
"It's truly remarkable how June has built a portfolio of valued clients—from prestigious law firms to corporations—in such a short time. We are honored to be part of this journey. The potential ahead is immense, and together we will lead the company to new heights and redefine how AI transforms the complex world of law and litigation. We greatly appreciate the commitment of the entire team in making this partnership a reality and look forward to the exciting milestones ahead."
June co-founder and CEO Björn Frommer is optimistic:
"We are delighted to welcome 5I Ventures to the June family. We've already seen the immense value this collaboration brings to our journey. The team and I are confident that 5IV will play a critical role in helping us achieve our strategic milestones, and we look forward to an even closer collaboration in the future."
