Online Dispute Resolution (ODR) platform CADRE ODR raises $200K in a pre-Series A round
- CADRE ODR, an Online Dispute Resolution platform, has raised $200,000 in a pre-series A funding round led by notable entrepreneurs and industry experts to enhance access to justice through efficient dispute resolution solutions.
- Co-founded in 2019 by Kanchan Gupta and Rajneesh Jaswal, the startup uses advanced technology to resolve disputes quickly and affordably, claiming resolution times as short as 45-60 days compared to traditional methods.
- The platform has processed nearly 8,000 cases across various sectors, and the new funding will be directed towards developing AI-based tools to improve transparency, accuracy, and user experience in dispute resolution.
- CADRE ODR has partnered with Australia-based consulting firm Orington & Partners, aiming to address issues related to delayed legal resolutions and enhance its global outreach.
- The company is expanding into the South African and Australian markets, responding to the growing demand for digital dispute resolution solutions worldwide.
Online Dispute Resolution (ODR) platform CADRE ODR has raised $200,000 in an ongoing pre-series A funding round led by investors including serial entrepreneurs Aprameya Radhakrishna, Murali Subramanian and Ram Bhamidi, (founder of Radarr) and industry experts including Aneesh Garg (General Counsel, Jumbo Electronics) and international lawyer Rahul Guptan.
The strategic investment will fuel CADRE’s mission to democratize access to justice, creating an affordable, efficient, and accessible dispute resolution option for businesses and individuals, the release notes.
What does CADRE ODR do?
Co-founded in 2019 by engineer-lawyer duo Kanchan Gupta and Rajneesh Jaswal, CADRE ODR uses advanced technology to offer legally binding, rapid, and cost-effective solutions for commercial and other disputes.
The startup claims that it leverages its AI-driven platform to reduce dispute resolution times to as little as 45-60 days, compared to conventional methods.
“With increasing pressure on judicial courts and a greater focus on ease of doing business, CADRE ODR is filling a vital gap,” says Kanchan Gupta, Co-founder of CADRE ODR.
“This funding allows us to advance our technology, expand our reach globally, and empower more people to resolve disputes swiftly and affordably.”
Market presence
CADRE ODR claims that its platform has processed nearly 8,000 cases across banking, securities, employment, and commercial disputes.
The latest investment would be used to enhance its development of AI-based tools that improve transparency, accuracy, and user experience in dispute resolution.
“Fast dispute resolution is critical to economic health,” notes Rajneesh Jaswal, Co-founder and former in-house lawyer. “Our solutions bridge the justice gap with the scalability and efficiency needed in today’s environment. Our goal is to become the leading online dispute resolution provider, competing globally with companies like Immediation and Tyler Tech.”
Partnering with Orington & Partners
Alongside its latest funding round, CADRE ODR has established a strategic partnership with Orington & Partners, an Australia-based consulting firm.
Kashish Grover, Managing Partner at Orington & Partners, said, “CADRE’s platform addresses the critical issue of delayed and costly legal resolutions. We are excited to support CADRE ODR as it combines legal rigor and technological expertise to serve a global audience.”
Expansion into South Africa and Australia
As part of its global expansion strategy, CADRE ODR is entering both the South African and Australian markets, capitalizing on the surging demand for digital dispute resolution solutions.
Here’s a summary of the information regarding CADRE ODR:
Funding
- Amount Raised: $200,000
- Funding Round: Pre-Series A
Investors
- Aprameya Radhakrishna (serial entrepreneur)
- Murali Subramanian (serial entrepreneur)
- Ram Bhamidi (founder of Radarr)
- Aneesh Garg (General Counsel, Jumbo Electronics)
- Rahul Guptan (international lawyer)
Startup
- Name: CADRE ODR
- Founded: 2019
Founders
- Kanchan Gupta (Co-founder)
- Rajneesh Jaswal (Co-founder)
Mission
- To democratize access to justice and provide an affordable and efficient dispute resolution option.
Services
- Uses AI technology for online dispute resolution that is legally binding, rapid, and cost-effective.
- Claims to reduce dispute resolution times to 45-60 days.
Market Presence
- Processes nearly 8,000 cases across various sectors including banking, securities, employment, and commercial disputes.
Strategic Partnerships
- Orington & Partners (Australia-based consulting firm)
Global Expansion
- Plans to expand into South Africa and Australia.
Future Goals
- To advance technology and improve tools related to transparency and user experience in dispute resolution.
- Aim to become a leading online dispute resolution provider globally.