What is Experity Ventures?
Experity Ventures, founded in 2016, operates as a conglomerate overseeing a portfolio of companies focused on legal and medical funding solutions. Its subsidiaries include Nexify Capital, Nexify Solutions, MedSolve Financial Group, ProMed Capital, Anchor Fundings, and Thrivest Legal Funding, LLC (dba Thrivest Link). Nexify Solutions specializes in enterprise workflow software for the legal funding marketplace, automating the pre-settlement funding process. MedSolve and ProMed Capital are key players in medical receivable funding for healthcare facilities. Anchor Fundings and Thrivest Legal Funding directly provide pre-settlement advances to individuals with pending litigation, primarily in personal injury cases. Experity Ventures has established strategic financing and operational partnerships with legal funding entities across the United States, with offices in Philadelphia, New York, Nevada, and Florida.
How much funding has Experity Ventures raised?
Experity Ventures has raised a total of $32M across 1 funding round:
Debt
$32M
Debt (2022): $32M, investors not publicly disclosed
What's next for Experity Ventures?
The recent major strategic investment into Experity Ventures signals a phase of accelerated growth and potential expansion of its integrated financial and software solutions. This capital infusion is likely to bolster its technological development for Nexify Solutions, enhance the reach of its medical receivable funding arms (MedSolve and ProMed Capital), and further solidify the market position of its direct-to-consumer legal funding companies. The company's strategy appears focused on leveraging synergies between its diverse subsidiaries to capture a larger share of the legal and healthcare finance markets.
See full Experity Ventures company page