AI-driven legal tech company Facongcong completed multi-million angel round

Recently, AI-based legal services platform Facongcong.com has completed angel round financing with tens of millions yuan, led by K2VC.

Recently, AI-based legal services platform Facongcong.com has completed angel round financing with tens of millions yuan, led by K2VC.

The funds is mainly used for NLP-based legal knowledge mapping for tradings of individuals, and to provide intelligent solutions for professional legal teams in businesses to create a complete closed-loop system.

It is said that the era of “AI plus law” has come, and civil legal service has become a basic demand in the life of an individual.

It is reported that in the civil field, the number of cases filed in the first instance in 2018 exceeded 12 million, of which creditor’s rights and debts, marriage and family affairs, and labor disputes accounted for more than 80 per cent.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/22/ai-driven-legal-tech-company-facongcong-completed-multi-million-angel-round/.

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