HerculesAI, which develops artificial intelligence software for law firms and large enterprises, is in a round led by Streamlined Ventures. 26 million dollars investment took. heads Proof VC, Thomson Reuters Ventures, Alumni Ventures and many angel investors participated.
Official name Zero Cognitive Systems HerculesAI sells five AI applications, each optimized for a different set of tasks. Three of these focus on reducing the amount of manual work required to organize and analyze business documents. The company also offers two tools designed to help law firms bill clients more efficiently.
HerculesAI’s first product Artemis, can automate the task of extracting data from documents. HerculesAI says Artemis can extract not only text but also information from relatively complex data structures, such as embedded tables. The tool uses not one but several AI models to process documents. HerculesAI says this arrangement ensures that each task is performed by the most appropriate neural network. The company uses Artemis, a tool for changing the format of large data sets. Rosetta Stone sells together.
HerculesAI also Athena It also offers a more special data management tool called . According to HerculesAI, Athena can automatically direct each new file to the application that needs to be kept. The software uses a set of large language models to organize records. These models evaluate each record’s file format, the topic it discusses, and related details to determine which document should be stored where.
Other product from HerculesAI Apollo, helping legal teams track billable hours more efficiently. Another product Verify is using artificial intelligence to help law firms ensure they comply with the terms of their agreements with their clients.
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