HerculesAI, a developer of artificial intelligence software for law firms and large enterprises, received $26 million in an investment round led by Streamlined Ventures. Proof VC, Thomson Reuters Ventures, Alumni Ventures and many angel investors also participated in this round.

HerculesAI's Technological Products and Services

HerculesAI, officially Zero Cognitive Systems, offers five AI applications for law firms and large enterprises. Each of these applications is optimized for different tasks:

• Artemis: Automates the task of extracting data from documents. Artemis can extract text as well as information from complex data structures such as embedded tables. Using multiple AI models, it ensures that each task is performed by the most appropriate neural network.
• Rosetta Stone: This tool, sold with Artemis, is used to change the format of large datasets.
• Athena: Athena, a data management tool, automatically routes each new file to the right application. The software uses big language models to organize records and determines where documents should be stored by evaluating each record's file format, subject and related details.
• Apollo: It helps legal teams track billable hours more efficiently.
• Verify: It uses artificial intelligence to ensure that law firms comply with the terms of their agreements with their clients.

HerculesAI plans to use the new investment to conduct R&D studies, develop new products, and increase its marketing and sales activities. The company's technological solutions aim to reduce manual workload by increasing the operational efficiency of law firms and large enterprises. Streamlined Ventures officials stated that they support HerculesAI's innovative approach and contributions in the legal and business sectors. The investors believe that the solutions offered by HerculesAI will play an important role in the future of the industry. With the new investment, HerculesAI plans to strengthen its technological infrastructure and expand its product range. The company will continue its efforts to use artificial intelligence more effectively in law and large enterprises and aims to offer innovative solutions in this field.