Lucio, a leading AI-native legal workspace built by lawyers, has raised $5 million from a fundraise led by DeVC and HNIs Ashish Kacholia and Lashit Sanghvi.
The $5 million round will enable Lucio to achieve two critical objectives: first, expanding Lucio’s product offerings to embed legal AI into every interface where lawyers work; and second, deepening its personalization capabilities to provide lawyers across jurisdictions with a highly tailored, friction-free AI experience.
Vasu Aggarwal, co-founder of Lucio, shared,
“Most legal tech doesn't fail in demos, it fails at desks. We are building Lucio to disappear into legal workflows, to meet lawyers where they already are, elevate the quality of their output, and make them fall in love with the law again.”
Darsan Guruvayurappan, co-founder of Lucio, added,
“Legal AI isn’t just about efficiency, it’s about reimagining the experience for clients, attorneys, and all other stakeholders in the practice of law. Our investor' trust and investment give us the ability to take our mission across the world.”
Adopted by 200+ organisations worldwide, including enterprise law firms, in-house teams, and boutique firms, Lucio supports over 3000 lawyers across 9 jurisdictions.
Lawyers use Lucio for drafting, reviewing large document sets, due diligence, legal research, and translation, saving an average of 30 hours per lawyer each month.