Lucio raises $5M to enhance product features and expand its presence

Legal tech startup Lucio raised $5M led by DeVC, with participation from Ashish Kacholia and Lashit Sanghvi. The funds will enhance AI models, expand global reach, and integrate legal databases. Based in India, Lucio provides an AI-native workspace for lawyers, streamlining drafting, research, and compliance. Over 200 organizations and 3,000 lawyers across nine jurisdictions use its platform.