August 27, 2025 — Pat Beechinor, AIReporter.news — Bench IQ, an AI-powered judicial intelligence platform, has received growth capital financing from CIBC Innovation Banking. The funding, which follows a US$5.3 million seed round led by Battery Ventures and Inovia Capital, will support Bench IQ’s expansion of its judicial dataset, AI agents, and team growth across the U.S. and Canada.
Bench IQ’s platform provides litigators with insights into judges’ thinking and rulings, helping them craft effective strategies and improve client outcomes. The platform is utilized by AmLaw 200 firms.
CIBC Innovation Banking Director Joshua Olawale said the company’s technology is transforming litigation strategy by unlocking insights into judicial decision-making.
Bench IQ CEO Jimoh Ovbiagele said the funding will allow the company to invest more deeply in its AI platform and scale faster, delivering greater insights to more firms across North America.
Contact: Joshua Olawale, Director at CIBC Innovation Banking.
Source: CIBC Innovation Banking
