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Home Business VCs can't get enough of legal startups. Andreessen…

VCs can't get enough of legal startups. Andreessen Horowitz just invested in one taking work from patent lawyers.

· · 1 min read
  • Fearn, a startup building tools for patent drafting, has raised $5.5 million in seed funding.
  • Investors include Andreessen Horowitz, a prominent backer of Harvey, and Kindred Ventures.
  • Patent law has quietly become a hotbed of startup activity in the fast-growing legal-tech sector.

Kim said many of Fearn’s competitors came to patent drafting as outsiders chasing a “hot business problem.” Fearn’s advantage may be that one of its founders lived the problem.

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“For me, it really started with: My old job kind of sucked,” Kim said. “This really can be automated. It doesn’t have to suck.”

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Nairavoice
Contributor at NairaVoice.com.ng