If the winter class of technology incubator Y-Combinator fellows this year is any indication, Silicon Valley may be softening its historically cold stance towards legal technology. Five different legal-specific companies presented their pitches this week at “Demo Day,” the culminating event for the incubator’s mentorship programming.
Y-Combinator has worked with legal-facing companies before, but legal tech still makes up a markedly small percentage of the over 1,500 companies backed by the incubator. Participating companies receive seed grants and mentorship in exchange for 7 percent company equity.
