Female Legal Tech Entrepreneurs: Funding Environment, Client Feedback Isn't Always Ideal
From understanding when client feedback isn't helpful to when to say no to venture capital, a panel of legal tech founders explain how to succeed in a sometimes challenging market.
March 05, 2021 at 09:00 AM
3 minute read
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."
Conrad and other female legal tech company leaders shared their experiences navigating venture capital and building a legal tech company during Priori Legal Inc.'s "Women in Legal Tech: Startup & Beyond" webinar held Wednesday.
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