CHICAGO (May 31, 2016) – Esquify, one of the newest entries in the legal eDiscovery space, has been selected as one of the 50 TechWeek100 Chicago Innovators for 2016.
This is the second recognition Esquify has won since its launch in the Fall of 2015. In January, the influential tech community Built in Chicago cited it as one of the top 50 startups to watch in 2016.
Now with an international presence, Techweek was founded in 2011 in Chicago as a weeklong celebration and showcasing of the city’s emerging technology infrastructure. It has become a leading venue for idea sharing, business formation and community engagement, while recognizing those who contribute to a thriving tech community: Innovators themselves, ambassadors and cultivators.
Esquify is a tech-based assist for the document review phase of the legal discovery process. It utilizes machine learning, or cognitive computing, as a tool to help manage and monitor teams of virtual or in-house reviewers simultaneously and at scale. The assistive technology streamlines the cumbersome review process, doubling productivity, increasing accuracy and cutting review costs by more than 40 percent.
As one of Techweek’s 2016 Innovators, Esquify joins a diverse field of established firms like Avant, Sprout Social, and eDiscovery firm kCura, as well as other new entries to Chicago’s tech community, like BallotReady and Pearachute.
“This recognition is an important endorsement of the role we intend to play in showing how technology can improve a cumbersome and costly process,” said Drew Stern, founder and co-CEO of Esquify.
Added his fellow founder and co-CEO Scott Y. Stuart: “Technology is playing an increasingly important role in the legal field. With our solution, we’re showing that technology doesn’t have to be disruptive, but can be an important human assist for processes needing improvement.”
See the announcement and full list here.