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Legal Newswire | TLTF Invests in ECFX, Capping off $3.5M in Total Fundraising for the Company

TLTF Invests in ECFX, Capping off $3.5M in Total Fundraising for the Corporation

Jul 22, 2022 10:00 AM ET

Lawful Newswire Driven BY Legislation.COM

July 22, 2022 – Venice, CA – ECFX, the California-based mostly leader in digital court docket see management for regulation firms, has obtained a strategic expense from The LegalTech Fund, bringing the full funding quantity for the company to more than $3.5M considering the fact that its inception in 2019.

The LegalTech Fund (TLTF) is the 1st and only fund concentrated on investing in companies reworking the environment of regulation to assist them accelerate their results and access their total prospective. They have curated a local community of investors and advisors that incorporates top rated legislation companies, authorized company providers and top technologies providers. TLTF invests in authorized technologies startup organizations throughout the globe, concentrating on software package suppliers that concentrate on legislation companies, company lawful departments and regulatory/compliance gurus.

“We are extremely enthusiastic to have The Lawful Tech Fund as our most recent trader,” claimed Dan O’Day, CEO and Co-Founder of ECFX. “Their motivation to furthering the enhancement of advancements in legal engineering is very important to bringing new, modern systems to market place and raising access to individuals who can genuinely advantage from these options.”

Zach Posner, Running Associate & Co-Founder of TLTF, reported of the investment: “What ECFX has built about the previous couple a long time is very exciting. ECFX has leveraged automation to improve workflow efficiencies and help you save thousands of hrs of exhausting guide processing. Their software package has reworked the day-to-working day operations inside of firms and will keep on to operate as a important source for companies of all measurements. We are extremely pleased about our financial investment in ECFX.”

ECFX Recognize is an Enterprise Detect Administration Process making use of Intelligent Automation to seamlessly combine with your present alternatives with firmwide administration and analytics.

Other buyers involve Umang Kajaria, spouse at Apax, and Brick Money Ventures.

ECFX

ECFX is based in Venice, CA and was started by legal and technological innovation experts with a solitary intention: to tackle unmet automation requires in the legal marketplace. It is dedicated to filling in gaps in lawful workflows with intelligently automatic alternatives, enabling firms to help you save time, lower price tag, mitigate threat, and boost visibility. Its premier product, ECFX Notice, automates the downloading, profiling, storing, and distribution of courtroom documents in ECF notices for both of those Point out and Federal courts—saving firms hundreds of hours a 7 days to target on the perform purchasers value.

https://www.goecfx.com


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