What is SingleFile?
SingleFile is a technology-first company dedicated to automating and streamlining compliance tasks, aiming to reduce wasted time and costs for businesses. The company has experienced rapid growth, assisting thousands of companies and law firm clients. Its unique position in the compliance filing space is bolstered by backing from major law firms, prominent venture capital firms, and a leading legal technology fund.
How much funding has SingleFile raised?
SingleFile has raised a total of $18.7M across 3 funding rounds:
Other Financing Round
$3.2M
Angel/Seed
$6.5M
Other Financing Round
$9M
Other Financing Round (2023): $3.2M with participation from Foundry Group and PSL Ventures
Angel/Seed (2024): $6.5M led by LegalTech, Foundry Group, and Underdog Labs
Other Financing Round (2025): $9M supported by Foundry Group
Key Investors in SingleFile
LegalTech
The LegalTech Fund invests in and supports entrepreneurs who are innovating within the legal industry. They aim to connect forward-thinking founders with capital partners to address industry challenges and improve outcomes. Their extensive network includes leaders and changemakers, providing access to vital resources for innovation in legal technology. The fund focuses on transforming the future of law through collaboration and investment in promising legal tech companies.
Foundry Group
Foundry Group is a venture capital firm focused on investing in early-stage information technology, Internet, and software startups. In addition to providing the necessary venture capital to get a company up and running, Foundry Group is committed to leveraging their experience in starting and growing companies, expertise in the technology industry, and network of relationships to help great entrepreneurs turn great ideas into great companies. Foundry Group is based in Boulder, Colorado, and invests in companies located across the United States.
Underdog Labs
Underdog Labs is an early stage investment fund focused on supporting entrepreneurs with strong visions to create and scale successful companies. They typically invest in belief-driven founders during pre-seed fundraising rounds, particularly in sectors like B2B software and consumer markets. Their portfolio includes diverse ventures in health, AI, and consumer marketplaces, showcasing their commitment to innovation. The team comprises experienced entrepreneurs and investors with a proven track record of successful ventures and investments.
What's next for SingleFile?
The company's recent major enterprise-level funding, coupled with a significant strategic investment, indicates a strong growth phase. This capital infusion is likely to fuel further technological development, market expansion, and enhanced service offerings. SingleFile appears poised to solidify its market leadership by continuing to innovate in the compliance automation space, leveraging its strong investor syndicate to scale operations and reach a broader client base.
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