Legal Tech Startup Paxton Raises $22M to Expand AI-Powered Research and Drafting Platform

Paxton, an Oregon-based legal tech startup, has secured $22 million in Series A funding led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and Wisconsin Valley Ventures.

Founded in 2023 by CEO Tanguy Chau and CTO Michael Ulin, Paxton's AI-driven platform automates legal research, drafting, and real-time updates.

The company has seen rapid growth, with a 14x increase in monthly recurring revenue and an 8x rise in active customers in nine months.

The new funding will fuel technology expansion and team growth, aiming to make advanced legal tools accessible to firms of all sizes.