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U of Toronto legal start-up raises $7M, aims to expand into U.S.

By Jesse Schwartz
Published: December 4th, 2018

A legal start-up from the University of Toronto (U of T) has raised US$7 million to commercialize a technology that uses artificial intelligence to predict the outcomes of tax and employment law cases.

Blue J Legal aims to use the funding to expand into the U.S. legal market while enhancing its existing products, which are used to scan thousands of judicial decisions for patterns that can help predict the outcome of future cases. The findings, along with the relevant case law, are then sent to lawyers, saving time and money.

Blue J received support from the Creative Destruction Lab and UTEST, two of the nine start-up hubs on U of T’s campus. While it initially focused on tax law in Canada, the start-up launched an employment law tool in Canada last year in response to demand from clients. Blue J now plans to launch a tax product for the U.S. market, called U.S. Tax Foresight, by the middle of 2019.

“Our long term vision is to have Foresight for every major area of legal research — insurance, bankruptcy, contracts, personal injury and so on,” says Benjamin Alarie, CEO of Blue J.

Source: U of T news

Posted under: Tech Transfer e-News

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