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Third Chair has raised $500K across 1 funding round.
Key people at Third Chair.
Third Chair was founded in 2024 by Yoav Zimmerman (Founder) and Shourya Lala (Founder).
Third Chair has raised $500K in total across 1 funding round.
We’re building agents for in-house legal teams, starting with media/entertainment. Our customers use Third Chair to discover IP infringements, collect evidence, and recover millions of dollars in damages.
We’re both second-time, exited YC founders with deep domain expertise in this market. My last startup sold marketing analytics to Universal Music Group and Mr. Beast. My cofounder Shourya founded a fintech platform and scaled it to 2 million users and tens of millions in transactions.
AI will enable the first one-person unicorn. Third Chair will be their legal team.
Third Chair has raised $500K across 1 funding round. Most recently, it raised $500K Seed in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $500K Seed | — | Innovation Endeavors, Tucker Seed Fund LLC, Y Combinator, Gabriel Jarrosson, Sasha Medvedovsky | Announced |
Third Chair is a legal technology company that builds AI-powered agents specifically designed to augment in-house legal teams, starting with the media and entertainment sector. Their AI agents automate repetitive and manual legal workflows such as identifying intellectual property (IP) infringements, collecting evidence, conducting outreach, and drafting demand letters, enabling legal teams to operate at scale and recover millions in damages. This service-oriented approach allows legal teams to delegate tasks as if working with a human paralegal, without needing to adopt complex new software tools. Third Chair has achieved significant traction, crossing six figures in annual recurring revenue (ARR) with major media and entertainment clients[1][2].
Third Chair was founded by Yoav and Shourya, both with strong backgrounds in technology and startups. Yoav previously founded Trendpop, a YC-backed company in media/entertainment, and has experience in machine learning at Google and AI startups. Shourya founded Fello, an investment platform with over a million users, and worked at BlackRock on financial solutions for institutional clients. The idea for Third Chair emerged from recognizing the overwhelming workload of in-house legal teams and the inefficiency of existing tools. Their focus on media/entertainment IP issues leverages their founders’ domain expertise and prior startup successes[2].
Third Chair rides the wave of AI-driven automation transforming legal services, particularly for in-house teams burdened by repetitive tasks. The timing is critical as legal departments seek to shift from cost centers to profit drivers by leveraging AI to increase efficiency and capture lost revenue from IP infringements. Market forces such as the growing complexity of digital IP rights and the demand for scalable legal operations favor Third Chair’s model. By integrating AI agents as virtual paralegals, Third Chair influences the broader ecosystem by setting new standards for legal workflow automation and service delivery[1][2].
Looking ahead, Third Chair is positioned to expand beyond media/entertainment into other industries with significant legal workflow burdens. As AI capabilities advance, their agents could handle increasingly complex legal tasks, further reducing manual workloads and increasing legal teams’ strategic impact. Trends such as the rise of AI in professional services and increasing IP enforcement globally will shape their growth. Third Chair’s service-first approach may redefine how legal departments adopt technology, potentially creating a new category of AI-powered legal support that blends automation with human-like service interaction[1][2].
Key people at Third Chair.
Third Chair was founded in 2024 by Yoav Zimmerman (Founder) and Shourya Lala (Founder).
Third Chair has raised $500K in total across 1 funding round.
Third Chair's investors include Innovation Endeavors, Tucker Seed Fund LLC, Y Combinator, Gabriel Jarrosson, Sasha Medvedovsky.
