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Beagle says that, by leveraging advanced technologies such as machinelearning and natural language processing, it can significantly reduce the time and costs associated with first-pass e-discovery reviews. Beagle’s cofounder and CEO, Sergey Demyanov , was formerly manager of machinelearning at Snap Inc.
E-discovery solutions , a significant part of legal tech, were estimated to be a multi-billion-dollar industry. The global e-discovery market size was projected to reach $17.32 billion by 2023, growing at a compound annual growth rate (CAGR) of around 10% from 2018.
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