Zach Posner cofounded The Legaltech Fund in 2020 as the first venture capital firm laser-focused on law and legal technology. But even with that industry focus, he takes a broad view when it comes to what he considers legal tech, looking for startups that have “legal in the middle,” but that may also span fintech, govtech, or consumer tech.
Posner, a three-time entrepreneur before becoming an investor and now managing director of The Legaltech Fund, joins me to discuss why he created a fund devoted to legal tech, the opportunities he sees there, and the kinds of companies in which he is interested in investing.
He also shares his advice for entrepreneurs pitching a VC firm and offers his views on the broader investment and innovation landscape in legal tech.
Among the companies in which the fund has invested: Aumni, which provides financial and legal analytics using data sourced from legal agreements; Josef, which helps law firms and others automate their services through bots and documents; and SoloSuit, which helps debtors respond to collection lawsuits.
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- Paradigm, home to the practice management platforms PracticePanther, Bill4Time, and MerusCase, and e-payments platform Headnote.
- Woodpecker, legal document automation for solo and small firms.
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