Fundraising Fox

Tower

YC W24

Toronto, CA · Founded 2024 · 3 employees · 7 known investors

Tower provides AI-powered due diligence infrastructure that collects, structures, and analyzes unstructured data from multiple sources to support financial and legal decision-making. The platform serves investment firms, corporate buyers, and their advisors conducting asset evaluations and transactions.

Founders & leadership· Y Combinator alumni (W24)

Tower was founded in 2024 by Adam Dorfman and Andy Zhang.

ADAdam Dorfman
Adam Dorfmanin𝕏Co-Founder & CEOHe previously worked as an early engineer at Float, a Canadian corporate card company, and at Apple on software for audio hardware manufacturing and AI-powered computer vision research through DarwinAI. He studied mathematical physics at the University of Waterloo and completed internships in data science, machine learning, and software engineering.
AZAndy Zhang
Andy Zhangin𝕏Co-Founder & CTOHe previously served as founding engineer at ArenaX Labs, a Web3 AI gaming startup that raised a Series A, and conducted reinforcement learning research at an investment trust; he holds degrees in computer science from the University of Waterloo and business administration from Wilfrid Laurier University.

Investors · 7

Also in the syndicate · 2

Celero VenturesDIG Ventureslead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

The YC application· Winter 2024 batch

Alumni Q&A

What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
The founders, Adam and a co-founder with backgrounds in software engineering and AI research, aim to reduce legal costs and automate repetitive tasks that occupy lawyers. They interviewed hundreds of lawyers and identified pain points affecting in-house legal teams.
What is your long-term vision? If you truly succeed, what will be different about the world?
The founders envision lawyers spending their time on advisory and strategic work rather than tasks such as searching precedents or administrative work, with clients ranging from large corporations to individuals gaining access to more affordable legal services.

Summarized from the founders' answers on their Y Combinator profile.

Images

Tower photo

Competitors · 4

by search overlap

Companies competing with Tower for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Tower do?
Tower provides AI-powered due diligence infrastructure that collects, structures, and analyzes unstructured data from multiple sources to support financial and legal decision-making. The platform serves investment firms, corporate buyers, and their advisors conducting asset evaluations and transactions.
Who founded Tower?
Tower was founded by Adam Dorfman, Andy Zhang in 2024.
Who are Tower's investors?
Tower's investors include Y Combinator, Angel Invest, Flyer One Ventures, Roosh Ventures, Speedinvest.
Where is Tower headquartered?
Tower is headquartered in Toronto, CA.