CaseCraft.AI, a UK legal tech company, today announced that it has secured £550k in funding at £3m pre-money valuation including £300k from Mount Fund the lead investor in the round.
CaseCraft.AI has developed a proprietary platform designed to assist individuals and businesses across the UK in filing and defending small claims. While streamlining the litigation process, the platform places a strong emphasis on early dispute resolution, helping users reach settlements before court action becomes necessary.
In the UK, the Small Claims Track is a simplified court procedure for resolving civil disputes valued at £10,000 or less, or £1,000 or less in cases involving personal injury or housing disrepair. Typical claims include unpaid invoices, faulty goods, and tenancy deposit disputes.
CaseCraft.AI plans to deploy the funds raised to further develop, test, and refine its Small Claims platform, while also scaling up its marketing efforts to reach a broader audience. In addition, the funding will support team expansion, enabling the company to harness the latest advances in AI by recruiting top-tier product and engineering talent passionate about building consumer-facing AI solutions.
The company was founded by a multidisciplinary team: Michael Iatsukha and Ruslan Kosarenko, both qualified lawyers; Dmitry Bagrov, a software development expert; and Alexander Mints, a specialist in finance and investment.
