Sydney legaltech startup Mary Technology has raised $1.35 million to enlist artificial intelligence to transform one of the most laborious and costly parts of case preparations – a chronology draft.
The round was led by Empress Capital with support from Sam Nickless, CEO of Gilbert + Tobin, The Fund, Sydney Angels and Mark Kalajzich and Martin Lam, cofounders of Lendi Group.
Mary’s software uses AI to convert thousands of client documents into a precise, tailored chronology in under 15 minutes.
It’s a process that can take firms days or weeks. In one instance, it took just 12 minutes for Mary to create a chronology from 12,000 pages of client documents to review.
Mary was founded in 2023, and was as one of three startups for the Lander + Rogers Law-Tech Hub and won Demo Day at the AI Build Club.
Cofounder Rowan McNamee is a former lawyer and named his startup in honour of his aunt, Melbourne barrister Mary McNamee, who he describes as “ruthlessly efficient in the best possible way.”
“I 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.”
The funds will see them expand their team alongside plans to hit the US market. The product is already making inroads in the local legal community.
Fletch Law principal solicitor Simon Fletcher said: “Mary is a game-changer for us, saving days and days of both mine and paralegal time.”
McNamee cofounder and Mary CEO Daniel Lord-Doyle said the startup set out to address the real pain points lawyers face with simple yet effective yet effective tech solutions.
“In the world of legal technology, our mission is clear: to solve existing challenges for lawyers without creating new ones,” he said.
“We believe that technology should simplify, not complicate, the practice of law.”
Investor Adrian Bunter from Sydney Angels said
“We rely heavily on our domain experts and it was clear that the lawyers among the Sydney Angels were excited by this product,” he said.
“This was confirmed in customer conversations – describing the product as game changing to the way they practice law, and reducing costs for clients, whilst also improving the profitability for the firm. We were also impressed with the quality of the team, their focus on security and privacy, and their momentum to date.”
Empress Capital founder Yash Varna said their investment in Mary Technology reflects their 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,” he said.
Mary’s AI chronology tool is being offered as a free trial free by law firms here.
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