What is Premonition?
Premonition.ai operates at the intersection of Artificial Intelligence and Big Data, specializing in mining litigation information to predict attorney success rates before specific judges. The platform offers a substantial advantage in legal proceedings by providing access to the World's Largest Litigation Database, which includes global case searches and real-time updates. Its applications extend to law firms for account pitches, General Counsel for defensible litigator selection, Risk Managers for historical data analysis and trend alerts, and Law Enforcement for case tracking and litigation heat mapping. The company also facilitates Big Data integration for financial regression analysis and provides insights into lobbying effectiveness, identifying which lobbyists influence specific legislative outcomes and political figures.
How much funding has Premonition raised?
Premonition has raised a total of $3M across 1 funding round:
Angel/Seed
$3M
Angel/Seed (2015): $3M, investors not publicly disclosed
What's next for Premonition?
The recent major strategic investment signals Premonition's transition into a scaling phase, likely focusing on expanding its data acquisition capabilities and enhancing its AI-driven predictive analytics. This capital infusion is expected to fuel further development of its platform, potentially broadening its reach into new legal markets and strengthening its competitive edge. The company's ability to provide unparalleled transparency and data-driven insights into the legal landscape positions it for significant growth and influence within the industry.
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