While record-breaking investments in legal tech have become increasingly common in recent years, many female- and minority-led startups face a different reality, noted Paladin co-founder and CEO Felicity Conrad.
“As a female-founded company those numbers may not apply to you and you should be prepared for it to be a slightly uphill fund raising journey,” Conrad said. “Financing numbers for female- and minority-run companies are actually down over 2019. That’s one caveat to understand that a $20 million Series A may be a challenge.”
