Spotlight on Litify, a developer of a business transformation platform designed to automate business processes to offer better insights and transparency.
Spotlight on: Litify
HQ: Brooklyn, NY
No. of Employees: 165
Growth Rate: 0.66% (93rd Percentile)
- Tiger Global Management
- Fortress Investment Group
Total Raised to Date: $55M
Developer of a business transformation platform designed to automate business processes to offer better insights and transparency.
The company's platform leverages technology to simplify daily tasks and automates marketing, client management, intake, matters,
documents, among others, all in a single, secure and easy-to-use application, enabling law firms to collaborate as a team, communicate effectively, eliminate inefficiencies and use data to drive decision-making.
Most Recent Financing Status (as of 23-Feb-2021)
The company raised $50 million through the combination of debt and Series A venture funding in a deal led by Tiger Global
Management on June 5, 2019, putting the company's pre-money valuation at $170 million. Other undisclosed investors also
participated in the round. The funds will be used to fund the company's continued expansion and general operations, including in-house counsel, a corporate law offering for mid-to-large size firms and what the firm calls an "off-the-shelf" solution for smaller-sized law firms.
To learn more about Lifity, go to www.litify.com/
Source: Pitchbook, Feb 2022
Published March 15, 2022.