Rfrnz
Offers automated contract analysis for legal professionals based on Machine Learning and Natural Language Processing algorithms.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
€1.0m | Early VC | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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rfrnz GmbH is a pioneering company in the legal technology sector, specializing in automating contract analysis using advanced artificial intelligence (AI). The company serves a diverse range of clients, including law firms and corporate legal departments, regardless of their size. Operating in the legal tech market, rfrnz's core product is a contract analysis tool that automates routine legal work, thereby improving workflows and cost structures for its clients. The business model is primarily B2B (business-to-business), generating revenue through subscription fees for its AI-powered software. This tool quickly and accurately recognizes and summarizes data, extracts relevant information, and identifies anomalies and risks, providing significant value to legal professionals. By combining expertise in law, data science, and computer science, rfrnz aims to empower legal professionals to focus on more strategic tasks while the AI handles repetitive and time-consuming contract analysis. The company's mission is to shape the future of contract analysis, making legal work more efficient and accessible.
Keywords: LegalTech, AI, contract analysis, automation, legal workflows, cost reduction, data extraction, risk identification, B2B, interdisciplinary team.