
The LegalTech Fund
Description
The LegalTech Fund is a pioneering venture capital firm based in Miami, United States, uniquely positioned as the first and only fund exclusively dedicated to investing in the legal technology sector. Established with a clear mission to transform the world of law, the fund targets innovative companies that are leveraging technology to enhance efficiency, accessibility, and effectiveness within the legal industry. Their strategic focus encompasses a broad spectrum of solutions, from AI-powered legal research and practice management software to dispute resolution platforms and compliance tools.
The fund primarily focuses on early-stage investments, spanning from Pre-Seed to Series A rounds. This approach allows The LegalTech Fund to engage with promising startups at critical junctures in their development, providing not just capital but also strategic guidance and access to a specialized network. Their initial cheque sizes typically range from $250,000 to $1.5 million, reflecting a commitment to supporting nascent companies as they build out their foundational products and gain market traction. This targeted investment range enables them to be a significant early partner for many emerging legal tech innovators.
The LegalTech Fund successfully closed its inaugural fund, Fund I, at $20 million, demonstrating strong investor confidence in the burgeoning legal tech market and the fund's specialized approach. Beyond financial investment, the firm emphasizes providing substantial value-add to its portfolio companies, leveraging its deep industry expertise, extensive network of legal professionals, and strategic partnerships. This comprehensive support aims to accelerate the growth and market penetration of its portfolio companies, fostering a vibrant ecosystem for legal innovation and driving the digital transformation of the legal profession globally.
Investor Profile
The LegalTech Fund has backed more than 35 startups, with 9 new investments in the last 12 months alone. The firm has led 4 rounds, about 11% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Canada.
- Strong thematic focus on Software, Legal Tech, Legal.
- Led 1 rounds in the past year.
- Typical check size: $250K – $1.5M.
Stage Focus
- Seed (40%)
- Series A (29%)
- Pre Seed (20%)
- Series Unknown (6%)
- Series B (3%)
- Convertible Note (3%)
Country Focus
- United States (74%)
- United Kingdom (11%)
- Canada (9%)
- Spain (3%)
- Brazil (3%)
Industry Focus
- Software
- Legal Tech
- Legal
- Artificial Intelligence (Ai)
- Information Technology
- Fintech
- Saas
- Real Estate
- Financial Services
- Law Enforcement
Frequently Asked Questions
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