August Raises $7M to Deliver Legal AI to Midsize Firms

August’s platform uses a modular AI agent orchestration framework that closely emulates attorney thought processes, ensuring high accuracy, traceability, and quality of legal work.

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August, the AI platform built for midsize law firms, has raised $7M and unveiled configurable AI workflows that adapt to each firm’s tasks. 

The round was led by NEA and Pear VC, with strategic participation from law schools, Afore Capital, and notable angel investors, including Gokul Rajaram, Geoff Charles (Chief Product Officer at Ramp), David Azose (Head of Engineering, OpenAI), and Kevin Zhang (Partner at Bain Capital Ventures), among others.

August provides services catered to midsize firms—an underserved market with more than 50,000 practices worldwide that collectively employ half a million lawyers. 

With August, these firms can embrace alternative or flat‑fee billing and accelerate document‑heavy tasks such as contract review, due diligence, discovery preparation, and drafting.

Firms across four continents—North America, Europe, Asia, and Australia—have already integrated August into their practices. Unlike one-size Big-Law tools, August’s modular AI agents “snap” to local statutes, disclosure rules, and document standards, configuring themselves for the needs of their users.

“August gives midsize law firms the freedom to shape AI around their own playbooks, whether they’re advising clients in Miami, Sydney, or Mumbai,” said Rutvik Rau, Co-Founder & CEO. 

“Our approach combines modular technology with personalised onboarding led by both attorneys and engineers, helping firms consistently deliver high-quality legal services that unlock growth and enhance client relationships.”

By shifting routine document work to AI, August frees partners and associates to focus on strategic client counselling. Firms using August have already seen a major impact. 

“We conducted a process to find the best option, and we chose August because they had the most accurate platform and were the most willing to work with us to solve our specific challenges,” said David Fischl, Partner at Hicksons.

Tiffany Luck, Partner at NEA, said, “We see tremendous potential in the midsize legal market, where firms are eager for innovation that drives meaningful ROI.”

“August’s AI platform and custom agents enable midsize firms to deliver exceptional client value and drive significant growth. We’re excited to partner with the August team as they reshape legal technology in this high-impact segment.”

August’s platform uses a modular AI agent orchestration framework that closely emulates attorney thought processes, ensuring high accuracy, traceability, and quality of legal work. All deployments can run securely behind firms’ internal firewalls to meet regional data-residency requirements.

August was founded in 2023 by Rutvik Rau, Thomas Bueler-Faudree, and Joseph Parker, who bring deep expertise across AI, legal practice, and enterprise technology. 

The team met at Columbia University’s ML research lab, with experience spanning midsized law firms, Blackstone’s data science team, and leading tech companies, including DoorDash and PayPal.

August is headquartered in New York and is actively hiring across engineering, legal, product, and sales teams.

“We’re excited to back August as they pursue a massive opportunity,” said Mar Hershenson, Founding Managing Partner at Pear VC.

“Midsize law firms account for more than a third of all practising lawyers worldwide, yet August is the first AI platform built specifically for them.”

“Early adopters are already completing document-review cycles 80% faster, and during PearX we saw firsthand how deeply customer-driven—and how uniquely strong in AI, legal insight, and execution—the August team is.”

Staff Writer
Staff Writer
The AI & Data Insider team works with a staff of in-house writers and industry experts.

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