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Legal tech start-up raises $1.35m in funding round
Sydney-based chronology drafting start-up Mary Technology has unveiled a $1.35 million funding round, in a move it says will help redefine chronologies with AI.
Lauren Croft
Mary Technology has announced a $1.35 million funding round led by Empress Capital, including key investors such as Sam Nickless, CEO of Gilbert + Tobin, and mortgage broking platform Lendi Group co-founders Mark Kalajzich and Martin Lam.
Mary is a start-up that allows lawyers to draft chronologies in under 15 minutes and uses AI to convert thousands of client documents into a precise, tailored chronology, allowing lawyers to easily review and comprehend matters in moments, all while maintaining a singular source of truth.
Mary customer Simon Fletcher, principal solicitor of Fletch Law, said: “Mary is a game changer for us, saving days and days of both mine and paralegal time.”
After being founded in 2023, Mary was recently chosen to be part of the Lander & Rogers LawTech hub and has recently helped a boutique litigation firm create a chronology from 12,000 pages of client documents in just 12 minutes, a task that would have taken them weeks, according to Mary.
“In the world of legal technology, our mission is clear: to solve existing challenges for lawyers without creating new ones,” CEO and co-founder Daniel Lord-Doyle said.
“We believe that technology should simplify, not complicate, the practice of law. At Mary Technology, we’re committed to developing solutions that address the real pain points lawyers face, delivering tools that are both simple to use and highly effective in practice.”
Mary Technology was named after co-founder Rowan McNamee’s aunt and renowned Melbourne barrister Mary McNamee and he said that “immediate solutions” were important in the current market.
“We understand the importance of having a tool that provides immediate solutions in a simple, user-friendly way,” he said.
“Our unwavering focus on perfecting chronologies for lawyers is what truly sets us apart, and we are excited this funding round will allow us to tackle this problem even faster.”
Speaking about the funding round, Adrian Bunter from Sydney Angels said that “it was clear that the lawyers among the Sydney Angels were excited by this product”.
“This was confirmed in customer conversations – describing the product as game changing to the way they practice law, and reducing costs for clients, while also improving the profitability for the firm,” he said.
“We were also impressed with the quality of the team, their focus on security and privacy, and their momentum to date.”
Yash Varma, founder of AI-focused VC fund Empress Capital, said that its investment in Mary Technology reflects Empress Capital’s “belief in AI’s power to revolutionise traditional industries – this extraordinary team is not just solving today’s legal challenges, but laying the foundation for the AI-augmented law firm of tomorrow.”
Moving forward, the Mary Technology team plans on using the funds to expand its team in the Australian market, as well as to look at expanding into the US market in the near future, too.
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
