Very proud to see portfolio company, Mighty, mentioned in CBInsights Legal Tech Market Map, among 50 other growing startups disrupting that industry. CBInsights has defined legal tech as all tech-enabled companies offering services and products to those in the legal industry. That includes technology catered to individual lawyers, larger corporate law firms, and other key stakeholders in the law industry.
The legal technology industry is still nascent, but the industry has quietly built up a number of emerging categories over the last few years. With legal tech companies raising just $739M in aggregate funding since 2011, there is still a lot of opportunity to improve processes within a legal industry still attached to manual and paper-based processes.