What is Litify?
Founded in 2016 and headquartered in Brooklyn, New York, Litify provides a comprehensive technology platform designed to modernize law firm operations. By integrating core business functions into a unified interface, the company offers solutions such as Litify Matters for complex case management and Litify Intakes for automated lead conversion. This digital transformation toolset allows legal professionals to optimize their workflows, improve client acquisition metrics, and enhance overall firm profitability. As a SaaS-based solution, Litify occupies a pivotal position in the legal tech market, bridging the gap between traditional practice management and modern, data-driven business intelligence.
How much funding has Litify raised?
Litify has raised a total of $132.5M across 4 funding rounds:
Private Equity
$5M
Unspecified
$2.5M
Series A
$50M
Debt
$75M
Private Equity (2017): $5M with participation from Fortress Investment Group LLC
Unspecified (2018): $2.5M led by Esquire Bank
Series A (2019): $50M supported by TriplePoint Venture Growth BDC
Debt (2023): $75M featuring MidCap Financial
Key Investors in Litify
MidCap Financial
MidCap Financial provides flexible, asset-based financing solutions tailored to the needs of high-growth companies, focusing on efficient capital deployment.
TriplePoint Venture Growth BDC
A specialized business development company that provides debt financing and venture growth capital to high-growth technology and life sciences firms.
Fortress Investment Group LLC
A global investment management firm with extensive expertise in private equity and alternative assets, focusing on cash-flow-generating businesses across diverse sectors.
What's next for Litify?
With the recent capital injection, Litify is well-positioned to accelerate its product development roadmap and expand its footprint in the enterprise legal software market. The company's strategic focus will likely center on deepening its platform capabilities, potentially through advanced automation and AI-driven analytics to further streamline the intake-to-settlement lifecycle. By leveraging its established relationships with institutional financial partners, Litify is poised to maintain its growth momentum, focusing on market penetration and the continued refinement of its enterprise-grade software suite to meet the evolving demands of large-scale legal practices.
See full Litify company page
