Credit: putilov_denis/Adobe Stock Justice Tech Founders Lean on Private Sector to Boost Investor Interest
It is an open secret that investors don't flock to justice tech startups, fearing long sales cycles and uncertain market-size. But those paving the way in the nascent field have come up with strategies to convince venture capitalists of the untapped potential.
July 21, 2022 at 10:00 AM
6 minute read
The original version of this story was published on Legal Tech News
In spite of the growth legal tech has seen over the last few years, not all companies within the sector are created equal in the eyes of investors.
Justice tech, or technology that is intended to support and give access to the people most often neglected by the U.S. criminal and civil system, is a sector that has shared some of the upswings from the technological evolution sweeping the legal industry. Still, the nascent area of technology can't seem to shed itself of a reputation for being less profitable and less reliable for venture capitalists and investors.
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