According to reporting from Legaltech News , Scissero—an AI-enabled U.K. law firm with operations in London, New York, and multiple service centers—acquired Robin AI’s managed services business on Wednesday. Financial terms were not disclosed. The move arrives just weeks after reports surfaced that Robin AI was facing insolvency, accompanied by an asset listing on IP-BID.com that appeared to match the company’s profile.

The acquisition brings Robin AI’s managed services leadership, including VP of legal Olivia Vaughan and global head of legal Ryan Cattle, into Scissero. Both will continue supporting Robin AI’s existing client base under their new banner. In a statement, Scissero founder and CEO Mathias Strasser framed the transaction as part of a broader consolidation wave within AI-driven legal services.

“We are thrilled to welcome Robin’s exceptional managed services team and clients,” Strasser said, adding that Scissero’s vertically integrated AI stack and global footprint position the combined teams to expand technology-enabled service offerings.

Robin AI co-founder and CEO Richard Robinson echoed that sentiment, calling Scissero “the ideal home” for the managed services group at a moment when the company’s financial pressures have become increasingly public.

Robin AI, founded in 2019 by former Clifford Chance and Boies Schiller Flexner attorney Richard Robinson and machine learning researcher James Clough, was one of the most well-funded contract AI startups of 2024. It raised more than $50 million that year, including a $26 million Series B and an additional $25 million outside a traditional funding round.

But by October, Sifted reported widespread layoffs following a failed $50 million funding round, prompting speculation about the company’s financial stability. Those concerns mounted after an insolvency-linked listing appeared online in November, though the company did not publicly confirm its status.

Robin AI had diversified its offerings throughout 2024 and 2025, launching a legal data tool for in-house teams in January, a legal intelligence platform in July, and Robin AI Reports—its automated red-flag identification tool—in June 2024. Despite rapid product expansion, the company’s managed services unit represented a core revenue driver, making it an attractive asset for acquisition.

Scissero, incorporated in 2018 and a participant in A&O Shearman’s Fuse legal tech incubator, has built its model around a licensed law practice structure paired with proprietary tools such as its virtual paralegal Mike and Firelex document-generation platform. The addition of Robin’s team expands both client base and operational capacity.