Jurafuchs secures further growth capital successfully
Jurafuchs, a legal education platform, has secured an extra €0.5 million in funding from existing backers. The company has remained profitable for over two years and now serves more than 20,000 active users each month. This latest investment brings its total funding to €2 million since launching in 2018.
The fresh capital comes from IBB Ventures and a group of business angels, both of whom had previously supported the platform. Rayk Reitenbach, Investment Director at IBB Ventures, highlighted confidence in Jurafuchs’ approach and its future potential.
The funds will primarily boost the development of Foxxy AI, the platform’s proprietary legal AI. This tool provides precise, context-aware feedback, offers one-on-one tutoring, and answers thousands of legal questions monthly in the Jurafuchs forum. Deeply integrated into the platform, Foxxy AI is tailored specifically for legal learning processes. Christian Leupold-Wendling, co-founder of Jurafuchs, stated that the new funding would drive growth and strategic improvements. The company plans to expand its AI capabilities while maintaining its profitable track record.
With this latest investment, Jurafuchs will continue refining its AI-driven legal education tools. The platform aims to strengthen its position in the market by enhancing user experience and expanding its services. The additional €0.5 million brings total funding to €2 million since the company’s founding.
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