Justpoint Receives $50M Line of Credit; £300K in Bridge Round

Justpoint, a New York, NY – based provider of an artificial intelligence solution helping users find the right litigation attorney for their claim, received a $50M line of credit through a strategic partnership with a NY-based financial institution.

In addition, the company received a bridge round of $300K led by Beresford Ventures.

The company intends to use the funds to to scale up operations and bring its service to more potential plaintiffs.

Founded in 2018 by Victor Bornstein and Oleksandr Zakharchuk, Justpoint has developed predictive analytics models that use their proprietary database of historical claims to direct plaintiffs to the attorneys who are more likely to represent them best.

FinSMEs

23/06/2021