Fundz

Burns & Levinson Represents Btr In $15 Million Series A Preferred Financing Raise

PRIVATEMar 08, 2022

Amount Raised

$15 Million

Round Type

Series A

ProvidenceInformation TechnologyProfessional ServicesData And AnalyticsGovernment And MilitaryPrivacy And SecurityConsultingLegalIntellectual PropertyLaw Enforcement

Description

Burns & Levinson represented client BTR (Boston Technology Research Corporation), a regulatory technology company serving healthcare, life sciences and SaMD, in a $15 million Series A Preferred financing round led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors LRV Health, NewStack Ventures and others. The new funding will be used to ensure that BTR's customers are prepared for the FDA's anticipated guidance that will incentivize a move from traditional methods to new technologies.

Quick answer

Burns & Levinson raised $15 Million in a Series A round, dated March 8, 2022. Burns & Levinson is based in Providence, Rhode Island, United States.

How much did Burns & Levinson raise?
Burns & Levinson raised $15 Million in a Series A round on March 8, 2022.
What does Burns & Levinson do?
Burns & Levinson LLP is a full-service law firm with 125 lawyers in Boston, Providence, and London.
Where is Burns & Levinson based and how big is it?
Burns & Levinson is based in Providence, Rhode Island, United States.

Source: Fundz verified event record.

Who else raised in Professional Services and Data And Analytics around the same time

Companies in the same sectors as Burns & Levinson that raised within 45 days of this round, from Fundz verified event records.

  • PIXM Security raised $4.3M (Seed) on February 1, 2022.
  • DoControl raised $30M (Funding Round) on April 14, 2022.
  • Lilt raised $55M (Series C) on April 7, 2022.
  • Nudge Security raised $7M (Seed) on April 5, 2022.
  • Emitwise raised an undisclosed amount (Series A) on March 31, 2022.
  • LexCheck raised $5M (Funding Round) on March 24, 2022.

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Company Information

Company

Burns & Levinson

Location

Providence, Rhode Island, United States

About

Burns & Levinson LLP is a full-service law firm with 125 lawyers in Boston, Providence, and London. The firm provides high-level, client-centric, and results-oriented legal services to regional, national, and international clients in various practice areas such as business/finance, business litigation, divorce/family law, venture capital/emerging companies, employment, estate planning, government investigations, intellectual property, M&A/private equity, probate/trust litigation, and real estate.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Burns & Levinson raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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