BRINGING YOU THE LATEST IN LEGALTECH NEWS
TLTF & Friends in the News
😎 New year, new look! Lawmatics has launched a major user interface redesign to simplify access to its expanding features for law firms.
👋 Congrats again to Otto Hanson and the TermScout team on their sale of Screens AI to Agiloft!
🎉 We’re proud of Nexl’s recognition as one of the top 10 fastest growing companies in Australia (#1 in the Technology category)!
🎧 In case you missed it, Will Norton, Founder and CEO of SimplyAgree, discussed his journey in founding his legaltech startup in Pioneers and Pathfinders Podcast. Listen here.
Fundings
Abstract, an AI RegTech platform that analyzes policies for businesses, raised a $4.8M Seed led by Bonfire Ventures and Communitas Capital.
BPR Hub, a compliance management system provider, raised a $2.6M Seed led by Accel and Kae Capital.
Eve, a legal AI platform for plaintiff law firms, raised a $47M Series A led by Andreessen Horowitz.
Parambil, an AI-powered platform transforming tort law case preparation, raised a $2M Pre-Seed led by Daybreak Ventures.
Paxton, an AI assistant platform that enhances legal workflows, raised a $22M Series A led by Unusual Ventures.
Acquisitions
Elevate, an alternative legal service provider, acquired Sagacious IP, an intellectual property research company.
Elite, a law firm business operations platform, acquired Tranch, a flexible fintech platform for business expense financing.
Onit, a no-code AI platform that automates enterprise legal workflows, acquired Legal Files, a legal case management software.
SurePoint Technologies, a developer of cloud-based software for law firms' financial management, acquired ZenCase, a legal software that automates law firm operations and tracking.
The L Suite, a peer network of in-house legal executives, acquired Luminate+, an e-learning platform for in-house lawyers.
ZwillGen, a law firm with various specialty technology practices, acquired Luminos.Law, a law firm specializing in AI governance.
Thomson Reuters, a global content and legaltech company, acquired SafeSend, a software automating tax and accounting firms.
See more about TLTF’s Portfolio Companies
About The LegalTech Fund We invest in companies transforming the world of law. This newsletter is put together by the team at The LegalTech Fund. Follow us on LinkedIn.
Comments