Startup Sandstone has successfully raised $30 million in a Series A funding round, with Lightspeed Venture Partners leading the investment. The capital will be allocated towards enhancing support for corporate clients, expanding the team, and establishing a network of in-house lawyers.
Sandstone is developing an AI-driven platform aimed at internal legal departments, designed to streamline the collection of requests from various communication tools like Slack, email, and Jira. The platform will also assist in task distribution and automate processes related to document preparation, review, and legal analysis.
