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Legalist
Institutional alternative asset management firm
- 21-100 employees
- B2B
- Artificial Intelligence
- Legal
- Financial Services
- Yerba Buena, San Francisco, CA
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Company mission
Legalist's mission is to level the playing field in litigation by helping plaintiffs in meritorious lawsuits see justice. It does this using a team of engineers, lawyers, and data scientists combined with Artificial Intelligence to provide financing for cases.
Our take
Legalist was founded in 2016 to level the playing field and allow small and medium-sized businesses to access justice usually available only to the largest companies. It does this with a team of lawyers, engineers, and data scientists to provide capital to lawyers and plaintiffs who need it most.
The company uses data from millions of court records in order to explore how technology and artificial intelligence can provide insights into the American justice system. Its Dossier program helps litigants and attorneys to orient their journeys.
Legalist invests in lawsuits with cutting-edge artificial intelligence technology, funded by some of the top venture capitalists in Silicon Valley, with a small team using data to drive litigation returns. The company has made 120 investments in more than 200 claims, according to the startup.
Businesses apply for funding via the website, and then Legalist's technology sources and vets meritorious legal cases for investment based on the likelihood of winning. This takes into account factors such as the judge, lawyers, court type, and other details. Due to a surge in demand for funding, the company expects to continue adding to the growth it has experienced since its founding.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Healthcare reimbursement
- Work from home opportunities
- Monthly stipend plus incentive-based pay-structure
Funding (1 round)
Sep 2019
$100m
EARLY VC
Total funding: $100m
This company has top investors
Leadership
Eva Shang
(General Partner)After dropping out of Harvard, Eva founded Legalist at the age of 20, leading the startup through Y Combinator's S16 accelerator program. She has served as CEO since 2016.
Christian Haigh
(Chief Investment Officer)Previous Curator at TEDxHarvard College. He currently spearheads all efforts at Legalist around technology and investment.
People progressing
Michael left his job as an Associate Relationship Manager at Frost Bank to join Leglalist as an Alternative Investment Analyst. Since December 2020, he has served as Controller.
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