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Legal Tech Startup Spotlight: HaystackID

Spotlight on: HaystackID

Description: Provider of end-to-end eDiscovery and forensics services intended to offer low-cost predictability options that allow accurate budgeting and forecasting. The company provides forensic services including forensic analysis, data processing, and preservation services which are technology-driven and coupled with extensive legal expertise, enabling corporations and law firms to lower the overall spend of litigation services and minimize risk while improving operational efficiency, data governance, and financial control thus lowering the additional cost of software, hardware or implementation fees.

Most Recent Financing Status (as of 10-Nov-2021)
The company completed an undisclosed amount of debt refinancing on August 31, 2021. Crescent Capital Lending provided loan in support of the transaction. Previously, the company received development capital from JNK Capital on an undisclosed date.

CEO: Hal Brooks

HQ Location: Washington, DC

Employees: 164

Total Raised to Date: $4.99M

Size Multiple: 2.56x Median (73rd percentile)

Institutional Investors:

  • JNK Capital
  • Maranon Capital
  • Orix Private Equity Solutions
  • Quad-C Management
  • Knox Capital

To learn more about HaystackID, visit their website or follow them on LinkedIn or Twitter.

Source: Pitchbook, August 2022


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