The Largest Legal Tech Investment by U.S. State (as of Summer 2021)
Nine U.S. states house legal tech companies that have received more than $100 million in funding. What's the largest in your state?
August 19, 2021 at 10:00 AM
1 minute read
Legal Technology
The legal technology world has been in the midst of an investment binge in recent years, with companies specializing in e-discovery, contract technologies and more partnering with venture capital firms for high-dollar investments. These investments are reaching nine figures and more, with a lot of these funds going to the industry's mature and rapidly up-and-coming players.
However, when looking at the U.S. specifically, these funds aren't necessarily going just to New York or Silicon Valley-based companies. Data from legal tech investment analyzer LegalComplex shared with Legaltech News found nine-figure investments in companies based in nine different states, with a host of others receiving millions of dollars to grow their legal tech companies.
What's the biggest investment in your state? Check out the above graphic created by ALM's Hyeon Jin Kim to find out. And if we missed something, please let us know!
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