Copenhagen’s Pandektes raises €13.5 million to build the data infrastructure for AI-powered legal research
Pandektes, a Copenhagen-based LegalTech company specialising in legal research, has raised €13.5 million in a Series A funding round. The round was led by Alstin Capital, a Munich-based early-stage venture capital firm with a focus on B2B software companies. The round also saw participation from PROfounders, Scale Capital, and existing investors. The Series A follows […] The post Copenhagen’s…
Copenhagen's legal technology company Pandektes has secured €13.5 million in Series A funding to develop its AI-powered legal research infrastructure. The round was led by Munich-based venture capital firm Alstin Capital, with participation from PROfounders, Scale Capital, and current investors. Pandektes raised €2.9 million in Seed funding last year.
Founder and CEO Casper Laursen explained that the company aims to create a modern data infrastructure for the European legal landscape, enabling end-users to switch their core systems. Pandektes' platform continuously collects, structures, and connects legal information from various sources, including legislation, court decisions, and administrative rulings. The company believes AI advancements have fundamentally changed the notion of a near-monopoly status for local incumbents like LexisNexis and Westlaw.
Pandektes currently operates in Denmark, Germany, and Switzerland, serving over 500 law firms, enterprises, and public institutions. The platform has experienced a sixfold revenue growth over the past year, with around two-thirds of trial users becoming paying customers. The new capital will be used to expand Pandektes across Europe and North America, aiming to make cross-border legal research consistent and accessible.
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