Amsterdam-based Moonlit.ai, a startup specializing in AI-driven legal research for European jurisdictions, achieved an independent status following a spinoff from Deloitte. The company also secured an investment from Curiosity VC. This strategic move marks a significant milestone in Moonlit.ai’s journey to enhance its AI capabilities and broaden its reach across Europe.
Moonlit.ai has been making strides in AI-enhanced legal research since its inception. Previously, the platform was an internal tool at Deloitte, providing comprehensive legal insights and monitoring legal activities across EU member states. Over the years, the platform has evolved, becoming crucial for law firms and corporate legal departments, especially in cross-border cases. The transition to an independent entity aims to build on these achievements, expanding its services even further.
Fund Utilisation
The recent investment will enable Moonlit.ai to accelerate its growth and improve its AI capabilities, focusing on expanding its jurisdictional coverage. The company plans to enhance search accuracy and insight generation to offer better services. Additionally, the funds will be used to recruit more legal and technology experts and to boost market efforts, particularly targeting Germany and the Benelux region.
“This investment and spinout represent a logical step forward for Moonlit,” says Roderick Lucas, Co-Founder & CEO.
“We’re excited to build on years of investments made by Deloitte and expand our reach as an independent entity. Our technology makes cross-border legal research more efficient, and this spinout makes it accessible for all legal professionals across Europe,” adds Lucas.
Who are the Founders?
Moonlit.ai was founded by Roderick Lucas, an expert in AI and data science with experience at Deloitte NL, and Dirk-Jan van den Broek, a lawyer with over two decades of experience in the legal sector. The company was established with the objective of making European legal research more accessible and efficient.
The platform developed by Moonlit.ai leverages AI to offer instant translations, summaries, and insights across multiple countries and languages. This tool is indispensable in a Europe where legal precedents from one country significantly influence decisions in another. Users have reported a 40% reduction in research time and a 30% increase in cross-border case discovery.
Moonlit.ai’s innovative approach combines AI with legal expertise, significantly impacting legal professionals’ workflows globally. The company’s vision aligns with Curiosity VC’s aim to support early-stage investments in AI-driven software companies. With this new investment and independence from Deloitte, Moonlit.ai is poised to make substantial advancements in the legal tech sector.
Expanding AI capabilities and enhancing jurisdictional coverage are key to Moonlit.ai’s growth strategy. By recruiting more experts and focusing on the German and Benelux markets, the company aims to become a leader in AI-driven legal research. Legal professionals in Europe can expect more efficient and comprehensive research tools, thanks to Moonlit.ai’s innovations.
