3 years ago
Alchemy Machines Raises $400K for AI-Powered Legal Transcription Platform
Alchemy Machines, an AI-powered legal transcription platform, has secured $400,000 in pre-seed funding from SFC Capital
The company's technology uses Natural Language Processing (NLP) and Automatic Speech Recognition (ASR) to transcribe, analyze, and summarize legal meetings and phone calls
The funding will be used to further develop and expand the platform, which is already being used by several law firms
The founder, Dia Thanki, was inspired to create the company after a car accident, recognizing the need for a more efficient and secure way to transcribe legal documents.