Total amount raised
$78.6 Million
Latest funding date
2023-12-18
Location
Litify has established itself as a comprehensive legal software platform, designed to enhance the performance of law firms and corporate legal departments through secure, cloud-based technology, business analytics, and AI. The platform offers tailored solutions for various legal practices, including personal injury, insurance defense, and immigration, making it a versatile tool for legal professionals.
Keep reading to explore the intricacies of Litify's fundraising journey and the investors backing this innovative platform.
What Is Litify?
Litify is a leading legal software platform that empowers law firms and corporate legal departments with secure, cloud-based technology, business analytics, and AI capabilities. The platform is designed to handle complex legal work and scale with the needs of its users.
Operating within the legal technology industry, Litify offers solutions for various legal practice areas, including personal injury, insurance defense, and immigration. The platform also provides specialized solutions for corporate legal departments and claims litigation, aiming to enhance workforce efficiency and drive business growth through advanced insights and automation.
How Much Funding Has Litify Raised?
- Series Unknown
- Amount Raised: USD 5,000,000
- Date: February 2017
- Series Unknown
- Amount Raised: USD 3,719,960
- Date: April 2018
- Series A
- Amount Raised: USD 50,000,000
- Date: June 2019
- Lead Investors: Tiger Global Management
- Series Unknown
- Date: February 2023
- Lead Investors: Bessemer Venture Partners
- Series Unknown
- Amount Raised: USD 19,843,248
- Date: December 2023
Litify has raised a total of USD 78,563,208 across all funding rounds.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a leading global investment firm that focuses on private and public companies in the technology sector. Founded in 2001, the firm has a strong track record of backing high-growth companies.
- Investment Focus Areas: Technology, consumer, software.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a prominent venture capital firm with a history dating back to 1911. The firm invests in early-stage companies across various sectors.
- Investment Focus Areas: Cloud computing, cybersecurity, healthcare.
- Notable Investments: Pinterest, Shopify, LinkedIn.
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