About Jhana
Jhana is a company based in Chennai (India) founded in 2022 by Ben Hoffner-Brodsky, Em McGlone, and Hemanth Bharatha Chakravarthy.. Jhana has raised $1.6 million across 1 funding round from investors including Together Fund, Shyamal Hitesh Anadkat and Scott Davis. The company has 1 employees as of April 10, 2024. Jhana offers products and services including Paralegal AI, Doc Intelligence, Power Search, and Custodianship. Jhana operates in a competitive market with competitors including Casetext, Eve, Paxton, LegalFly and Anytime AI, among others.
- Headquarter Chennai, India
- Employees 1 as on 10 Apr, 2024
- Founders Ben Hoffner-Brodsky, Em McGlone, Hemanth Bharatha Chakravarthy
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Jhana Labs Private Limited
- Date of Incorporation 08 Sep, 2022
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-486.95 (USD)0as on Mar 31, 2023
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EBITDA
$-486.95 (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Sep 24, 2024
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Investors
Together Fund
& 6 more
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Employee Count
1
as on Apr 10, 2024
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Products & Services of Jhana
Jhana offers a comprehensive portfolio of products and services, including Paralegal AI, Doc Intelligence, Power Search, and Custodianship. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for legal research and document analysis from various sources
Platform to organize, annotate, and summarize uploaded files
Advanced search combining multiple engines for legal queries
Secure platform for data encryption and compliance management
Funding Insights of Jhana
Jhana has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(24 Sep 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Jhana | Valuation | Together |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jhana
Jhana has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Together Fund, Shyamal Hitesh Anadkat and Scott Davis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in AI-native startups by Together Fund.
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Founded Year | Domain | Location | |
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SH
Shyamal Hitesh Anadkat |
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Founded Year | Domain | Location |
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SD
Scott Davis |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Jhana
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Jhana
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jhana Comparisons
Competitors of Jhana
Jhana operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Casetext, Eve, Paxton, LegalFly and Anytime AI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven legal research platform for attorneys is operated.
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| domain | founded_year | HQ Location |
Eve is developed as a legal AI for plaintiff firms, assisting with case management.
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| domain | founded_year | HQ Location |
Generative AI solutions are offered for legal research and drafting.
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| domain | founded_year | HQ Location |
AI-based legal practice management solutions are offered to legal teams.
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| domain | founded_year | HQ Location |
AI based legal assistant for law firms
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Jhana
When was Jhana founded?
Jhana was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Jhana located?
Jhana is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Jhana a funded company?
Jhana is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Sep 24, 2024.
How many employees does Jhana have?
As of Apr 10, 2024, the latest employee count at Jhana is 1.
What does Jhana do?
Online platform providing AI-powered legal research and drafting tool. It helps users with searching, drafting, and explaining law with reliable citations and links. It also helps with discovering case law and legislations by uploading entire filings, briefs, and orders and helps with getting updates on new orders daily like notifications when relevant SC and High Court ordersjudgments or legislation arise and also offers file management, notes, and annotation mangement with collaboraton.
What products or services does Jhana offer?
Jhana offers Paralegal AI, Doc Intelligence, Power Search, and Custodianship.
Who are Jhana's investors?
Jhana has 7 investors. Key investors include Together Fund, Shyamal Hitesh Anadkat, Scott Davis, Kunal Shah, and Harshil Mathur.