Business InsiderMelia Robinson
A serial entrepreneur raised $17 million to build a Big Law alternative. Read the pitch deck.
Mac Liu isn't a lawyer, but he knows how to build a tech startup. The two-time founder is betting that edge will separate his new law firm from a crowded field of neofirms.
Liu's startup, Arceus, combines a law firm staffed by attorneys with software built to speed up contract review. The company says it can shrink the time it takes to review a standard agreement from days or weeks to a few hours.
If a review takes more than eight hours, it's free.
On Thursday, Arceus said it raised new funding led by Greycroft, bringing its total funding to $17 million. Craft Ventures and South Park Commons also participated.
Before Arceus, Liu worked in tech roles at Robinhood and Anduril. He later started Vultron, which built software for defense contractors.
Earlier this year,…
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