Founded in 2020, startup June develops an AI-powered case management platform for the legal market. The solution automates legal workflows, extracts data, and assists with legal work. In its pre-A funding round led by 5I Ventures, the startup raises a total of 7.3 million euros from multiple investors.
Following the transaction, 5I Ventures supports the legal tech in its next growth phase. The strategic investment is intended to strengthen June’s position as an innovator in AI and automation for the legal sector.
June relies on technologies such as generative AI, NLP, vision AI, and machine learning to transform unstructured legal data into structured insights. The platform is aimed at both law firms and companies with complex legal processes.
5I Ventures pursues long-term partnership
5I Ventures sees great potential in June’s development. Lars Godzik, founding partner of 5I Ventures, says:
“It is truly remarkable how June has built a portfolio of valued clients – from renowned law firms to enterprises – in such a short time. We are honored to be part of this journey. The potential that lies ahead of us is immense, and together we will take the company to new heights and redefine how AI transforms the complex world of law and litigation. We greatly appreciate the commitment of the entire team in realizing this partnership and look forward to the exciting milestones ahead of us.”
June co-founder and CEO Björn Frommer is also optimistic:
“We are delighted to welcome 5I Ventures to the June family. We have already seen the immense value this collaboration brings to our path forward. The team and I are confident that 5I will play a decisive role in achieving our strategic milestones, and we look forward to even closer collaboration in the future.”
