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Filevine Raises $108 Million For Tools That Streamline Legal Workflows

Apr 14, 2022over 3 years ago

Amount Raised

$108 Million

Software

Description

Filevine, a startup offering a software-as-a-service product for legal case management, today announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities, specifically in the nonprofit, insurance, and public sectors, and “further evolv[ing] the [Filevine platform] to meet changing legal demands.”

Company Information

Company

Filevine

About

Anderson expects ARR to reach $100 million next year as the company expands its workforce from 473 employees to 530. Filevine provides software designed to help with specific legal workflows, including document management, billing and timekeeping, esignatures, and lead management. Among other hurdles, Filevine will have to convince skeptical organizations that the inner workings of its platform aren’t impenetrable.

Funding Insights

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