Immediate Release October 30, 2018
Chicago, IL— Esquify has been named one of the winners of the 17th annual Chicago Innovation Awards.
The winners were announced at an event held at Chicago’s Harris Theater on Monday, October 29, with nearly 1500 business and civic leaders, and supporters of innovation in attendance. The Chicago Innovation Awards, celebrating its 17th year, is the Chicago region’s foremost recognition of the most innovative new products or services brought to market each year.
Esquify is the world’s first AI-driven, workforce management platform for law. They are revolutionizing the $7 billion, tech-devoid manual document review market within eDiscovery. Leveraging patented productivity benchmarking, proprietary communications tools and virtual supervision technology for on-demand human review, they utilize machine learning tech to create a SaaS workforce management platform for legal review teams.
The benefits of Esquify’s technological approach is proven in the results: the solution drives 25% more efficient reviews and client cost-savings of 25%–45% or greater. Esquify is an award winning, venture-backed start-up based in Chicago, IL.
“Chicago’s innovators continue to demonstrate the breadth of innovation found in the Chicago region, cutting across all industries, sectors and sizes,” said Tom Kuczmarski, co-founder with Chicago journalist Dan Miller of the awards. “2018 winners are pioneers in healthcare, construction, communications, food and nutrition, education, information technology, transportation, fashion, law, real estate, childcare, workforce development, museums and exhibits, nanotechnology and social services.”
“We are beyond humbled and honored to receive this amazing recognition,” Said Drew Stern, Esquify’s CEO. “We tirelessly strive to bring innovative technology to our customers and this award is a validation of that effort. Kudos to the awesome Esquify team on this success!”
The winning organizations receive a variety of honors including the opportunity to ring the Nasdaq Bell in New York City, and meetings with the Mayor, Governor and Cook County President.
“519 organizations nominated for this year’s awards,” said Luke Tanen, Executive Director of the Chicago Innovation Awards. “As a group, these nominees generated over $3.4 billion in new revenues from their new products and services, along with the creation of over 432 patents. The 25 winners represent the best from this very impressive group.”
The complete list of this year’s Chicago Innovation Award winners can be found at www.chicagoinnovation.com.