Legalmation Announces $15M In New Funding To Drive Its Commitment To Becoming The Leading Ai-Powered Litigation Support Platform Across The Legaltech And Insurtech Ecosystems
Oct 25, 2023•about 2 years ago
Amount Raised
$15 Million
Investors
Brentwood InvestmentsQuick Set LlcKey Venture PartnersRev Venture PartnersMotley Fool VenturesAquiline Technology GrowthAquiline Capital Partners Lp
Description
LegalMation, Inc., the market leader in Generative AI-driven solutions for high-volume litigation, today announced it has raised a $15 million Series A financing round led by the venture capital team at Aquiline Capital Partners LP, Aquiline Technology Growth ("Aquiline"), with continued participation from existing investors Motley Fool Ventures, REV Venture Partners, Key Venture Partners, Quick Set LLC, and Brentwood Investments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech