Venture capital counsel who spoke to Legaltech News said business-consumer legal technology services seem to be catching on with users and investors are following, but time would tell if high-dollar amount investments would become common.
October 24, 2018 at 01:34 PM
1 minute read
Reporter
In July, LegalZoom announced it raised $500 million. By mid-September, Atrium secured $65 million in new funding for its internet-based legal services geared toward startups. And last week, Court Buddy Co. Inc. revealed it raised $6 million in outside funding.
Venture capital counsel who spoke to Legaltech News said business-to-consumer legal technology services seem to be catching on, and investments are following. But time will tell if such high-dollar investments will become common.
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