Former DOJ Leaders Launch Legal AI Startup FluxCap
Former Justice Department antitrust leaders Jonathan Kanter and Doha Mekki have launched FluxCap, an artificial intelligence company developing tools for lawyers handling complex litigation, with an initial focus on antitrust cases. The founders say the platform is intended to help plaintiffs’ attorneys and public enforcers assess claims, analyze evidence and develop legal strategies with fewer resources. FluxCap announced that it raised $6.4 million in seed funding. The company said its backers include Y Combinator, Bloomberg Beta and Burford Capital; other named investors include Coalition Capital, DeepWork Capital and Omidyar Network. The platform is organized around tools for legal research, evidence and case strategy. FluxCap says its system links legal authorities to case evidence and litigation plans, and can help identify gaps in evidence and anticipate opposing arguments. The company describes the technology as support for lawyers’ judgment, not a replacement for it. Its ability to improve the speed, accuracy or outcomes of litigation has not been independently demonstrated in the reporting about its launch. FluxCap’s first customer is boutique law firm Kressin...