August raises $7M seed — AI agents for midsize law firms

What they do: Configurable AI platform automating document-heavy legal workflows.
• Complex dispute timelines: 7 hours → 30 minutes (93% faster)
• M&A due diligence: 6 hours → 20 minutes (94% faster)
• Hicksons reviewed 5,000 negligence files 90% faster
• ELP cut diligence time by 60%, enabling more advisory work
• One team analyzed 40,000 pages in $100M dispute, saving 7 figures

Led by NEA and Pear VC. Notable angels include David Azose (OpenAI engineering director).

Why it matters: $28B ALSP market ripe for AI disruption. Midsize firms get enterprise-grade automation without big law budgets.

Source: NEA blog, August press release.

Brewed by Startup Beaker.