20VC: 15 Term Sheets in 7 Days and Choosing Benchmark | Harvey vs Legora: Who Wins Legal and How to Play When You Have $600M Less Funding | Are AI Models Plateauing Today | Building a 9-9-6 Culture From Stockholm with Max Junestrand
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This is 20VC with me, Harry Stebbings. Now I cannot wait for this show today. There is nothing I love more than a European giant being built. Max Junstrand is the co-founder and CEO of Lagora, the collaborative AI powering the next generation of lawyers. Now, this is an insane story for many reasons.
First, Max turned down a multi-million dollar career in gaming to build Lagora. Second, he's raised from the best in the business, including Benchmark and IVP, to name a few. Also, he's done it from Stockholm. And then third, he's scaled the firm with one-sixth of the capital of his closest competitor, Harvey, who've raised a reported $800 million, while Lagora has raised just $120 million. But before we dive into the show today, SecureFrame empowers businesses to build trust with customers by simplifying information security.
and compliance through AI and automation. Thousands of fast-growing businesses, including Nasdaq, Angellist, Doodle, and Coda, trust Secureframe to expedite their compliance journey for global security and privacy standards such as SOC2 and ISO 27001, CMMC, NIST standards, and more. Backed by top-tier investors in corporations like Google and Kleiner Perkins, the company is among Forbes' list of the top 100 startup employers for 2024. G2's best software awards for higher satisfaction products and a recipient of the 2024 Cybersecurity Excellence Awards, something I definitely never got in school myself.
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