Josh Waddell MBA Co-founder and CEOMEMPHIS-based Visalaw.ai, has raised $1.6MM in Seed financing to accelerate adoption and innovation of its platform, which it says "is designed to enhance the productivity, efficiency, and profitability of immigration law firms by harnessing AI-powered legal research, assessment, document drafting, summarization, and visa application construction."
The company's Feb. 10 SEC filing on the equity raise showed eight investors aboard.
Visalaw.ai Co-founder and CEO Josh Waddell MBA, 32, told VNC the company's technology is now in-use by at least 400 mainly U.S.-based adopters.
It is likely that Visalaw.ai will takes its first formal steps into the global market for U.S. legal-immigration support during the latter half of this year, he added.
The company recently began recruiting for executive sales talent, Waddell confirmed.
In its press release yesterday, Waddell said, "We're proud to be leading the way in integrating AI into immigration law. Our platform is built to meet the complex needs of immigration lawyers, leveraging large language models while ensuring strict attorney-client confidentiality. With Visalaw.ai, lawyers can work more efficiently without compromising security or professional standards
Its marketing includes participation in immigration-law conferences -- one highlight of which is the American Immigration Lawyers Association (AILA), which is naturally based on Washington, D.C. and convenes in June for its annual conference, in Denver.
In 2020, Visalaw.ai (dba for Visalaw Ventures Inc.) was spun-out of Memphis law firm Siskind Susser PC, within which precursor technologies had been developed since about 2016.
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Greg Siskind |
Greg Siskind, the prominent immigration attorney who is co-founder of Visalaw.ai, said in the company's press release, "Generative AI is a game-changer for legal professionals. Visalaw.ai is built specifically for immigration law firms, allowing attorneys to dramatically reduce the time required to research and complete complex legal documents..."
"The legal industry is on the cusp of a major transformation with generative AI, and Visalaw.ai is ahead of the curve in immigration law," said Gary Peat, a general partner at Atlanta-based Valor Ventures, which led the seed round, investing from its third fund.
See today's related Valor Ventures coverage by VNC here.
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Gary Peat |
Peat added, "Among the many AI-driven legal solutions we evaluated, Visalaw.ai stood out due to its focused approach and its impressive adoption by hundreds of immigration law firms already. This specialization uniquely positions Visalaw.ai as the leading AI platform for immigration attorneys."
Reporting rapid organic growth, Visalaw.ai says it is "uniquely positioned as the only AI platform with access to trusted legal publications created by the American Immigration Lawyers Association (AILA), the national bar association for more than 17,000 immigration law firms."
The platform is said to integrate a comprehensive immigration law library, including primary legal sources and AILA's Practice and Procedures Manual ("Cookbook"), co-authored by the aforementioned Greg Siskind.
The company's third co-founder is Jason Susser.
Visalaw Ventures has also been developing other technology and tools, said Waddell, who served as Siskin Susser's chief innovation officer prior to prior to the commercial launch of Visalaw.ai.
Asked about advisors, Waddell said the company relies on attorneys with the Memphis office of Baker Donelson; it banks with Paragon Bank (Paragon Financial Solutions OTC:PGNN); and, its accounting is handled via Puzzle. VNC
.last edited 1730 19 February 2025
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