August Debouzy advised Hyperlex, a LegalTech startup offering an innovative contract management and analysis solution using artificial intelligence, in connection with the announcement of a €4 million Series A funding round led by Elaia, Axeleo Capital and historical investors, ISAI and Kernel Investissements.
Founded in 2017, the startup developed a contract management and analysis solution which helps legal and purchasing departments, as well as law firms and notaries public, optimize this process.
This solution uses artificial intelligence that retrieves the core data contained in each document, in order to save time for all the parties to the contract. The startup is then able to create alerts and automatically generate a summary of all the information included in the contract.
This fund raising will help Hyperlex accelerate its development, regarding both technological design and development and commercial aspects.
Legal advice:
August Debouzy assisted Hyperlex, with a team including Julien Wagmann (partner), Laure Khemiri (associate) and François Richard (associate).