Deals
Robo-Lawyer Valued at $210 Million With Backing From Andreessen
- ‘The legal system shouldn’t be pay-to-play,’ says CEO Browder
- He founded DoNotPay after getting flurry of parking tickets
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DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua Browder.
The firm raised $10 million from Andreessen Horowitz, Lux Capital, Tribe Capital, Day One Ventures and Felicis Ventures, Browder said in an interview. They were joined by investors including billionaire FTX CEO Sam Bankman-Fried, former Coinbase Global Inc. Chief Technology Officer Balaji Srinivasan and UiPath Inc. CEO Daniel Dines. Yuri Milner’s investment firm, DST Global, also participated in the round, people with knowledge of the matter said.