The LegalTech Fund is a venture capital firm focused exclusively on investing in legal technology startups. Founded in 2021 by Zach Posner and Sam Elhag, the firm is headquartered in Fort Lauderdale, Florida. With an aim to transform the legal sector through innovative technology solutions, it has raised approximately $28.5 million to invest in promising legal tech startups. The fund prides itself in connecting entrepreneurs with leaders and experts within the legal industry to drive technological advancements.
In the past couple of years, The LegalTech Fund has been involved in various activities and initiatives:
The fund also recorded noteworthy achievements with portfolio companies, such as Harvey, which secured a $300 million Series D funding led by Sequoia, reflecting a keen investor interest in AI-driven legal solutions.
Attribute | Information |
---|---|
Founding Date | 2021 |
Headquarters | Fort Lauderdale, FL, USA |
Founders | Zach Posner, Sam Elhag |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Kapor Center Investments, McDermott Will & Emery, Orrick, DocuSign, Carta |
Industry | Venture Capital in Legal Technology |
Number of Employees | 2-10 |
The LegalTech Fund was established in 2021 by Zach Posner and Sam Elhag. Both founders brought significant experience in early-stage companies and recognized the potential for technology to revolutionize the legal sector. Posner, having a background in fintech and edtech, and Elhag, with expertise in product management and operations, combined their strengths to launch a fund that targeted the burgeoning field of legal technology. Their vision was to streamline legal services and improve access through innovative tech solutions, leading to early investment successes in legal tech startups that showed promise.
The LegalTech Fund's business model revolves around supporting early-stage legal tech companies with strategic investments and advisory. The fund focuses on companies that show significant promise in transforming legal service delivery through technology.
As of 2025, The LegalTech Fund has cemented its status as a pivotal player in the legal technology venture sector. The fund's strategic focus on AI-driven solutions places its portfolio companies at the forefront of modern legal operations. The market position is strengthened by successful investments that address pivotal issues in the legal sphere, such as contract management and compliance. The Fund's expertise in selecting high-potential startups keeps it well-positioned in a market that is increasingly recognizing the critical role of technology in legal service provision.
The LegalTech Fund stands as a transformative force within the legal technology industry. With a strategic focus on technological advancements and a robust support network, it aims to revolutionize legal processes and enhance the efficiency of legal services. As the industry moves forward, TLTF's position as a leader in legal tech investments suggests a promising trajectory marked by further expansion and influence in redefining legal practices through innovative tech solutions.