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Legal AI Startup August Closes $7M to Cut Costs for Midsize Firms
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Legal AI Startup August Closes $7M to Cut Costs for Midsize Firms
Legal-tech startup August, founded by Columbia University graduates Rutvik Rau, Thomas Bueler-Faudree, and Joseph Parker, has closed a $7 million seed round led by NEA and Pear VC. The company builds AI tools to automate document-heavy legal work for midsize law firms, aiming to boost productivity and reduce costs. Angel backers include Gokul Rajaram, Geoff Charles (Ramp), David Azose (OpenAI), and Kevin Zhang (Bain Capital Ventures). August is …
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