Formic AI Analysis

What is Formic AI?

Formic AI is a legal technology company specializing in AI solutions for regulated professions. Their platform emphasizes security, compliance, and verifiability, ensuring that users can trust the insights generated. By leveraging private data, they enhance productivity and maintain the integrity of legal work.

Product Features & Capabilities

• AI-augmented semantic search for legal documents
• Comparative search for similar files
• Multimodal search across diverse data types
• Secure cloud and on-premise deployment options
• Optical character recognition and visual recognition capabilities.

How much Formic AI raised