We are thrilled to announce our investment in Jusfy, a comprehensive legal operations platform that is transforming the practice of law in Brazil by offering a suite of integrated tools tailored for legal professionals.
In recent years, the Brazilian legal industry has faced increasing demands for efficiency, accuracy, and accessibility. Traditional methods involve juggling multiple point solutions for tasks such as legal calculations, document management, client acquisition, and case monitoring. This fragmentation leads to inefficiencies, increased costs, case delays, and potential errors. These inefficiencies continue to exponentially compound in Brazil, one of the largest legal markets in the world, where a backlog of over 80M active cases represents the massive challenge lawyers face in delivering successful outcomes for their clients.
As a lawyer for 15+ years in Brazil, Rafael Saccol Bagolin faced these challenges firsthand as he and his colleagues spent significant portions of their time on non-core tasks and leveraging multiple platforms. Lawyers needed to navigate a maze of ~50 different indices to adjust monetary values for each lawsuit. In addition to pain points at the case onset, Brazilian lawyers struggle to locate key information from the various disparate and siloed court systems such as contact information, addresses, and assets. Recognizing this struggle, Rafael and his co-founder, Juliano Lima, set out to create an all-encompassing solution that addresses the multifaceted needs of modern legal practitioners. Shortly after releasing their MVP platform for their own legal practice, it became clear that Jusfy was a viral hit with 1000 users in the first 4 months.
Since its commercial launch three years ago, Jusfy is now the fastest growing legaltech SaaS company in LatAm, serving tens of thousands of customers and offering a wide array of tools for lawyers, including: (i) automated legal calculations to adjust and correct case monetary values; (ii) client acquisition features that connect attorneys with potential clients; (iii) centralized process monitoring to track case progress across the 93 different Brazilian court systems; and (iv) legal case research & counterparty data via comprehensive search tools for all the relevant data that practitioners need for a streamlined information-gathering process.
By consolidating essential functions into a single, centralized platform, Jusfy empowers legal professionals and their law firms to enhance productivity, reduce operational costs, and focus more on delivering exceptional client services.
At The LegalTech Fund, we are dedicated to investing in companies that are redefining the legal landscape through technological innovation. Jusfy's vision to unify and streamline legal practices to deliver better client outcomes aligns seamlessly with our vision of leveraging technology to elevate the legal ecosystem. We are excited to partner with Jusfy as they continue to drive transformation in the legal sector.
Please join us in welcoming Jusfy to The LegalTech Fund family. We encourage you to explore their platform and discover how it can enhance your legal practice.