Bessemer Venture Partners Makes Majority Investment in Litify

Litify, a Brooklyn, NYC-based end-to-end legal operating platform provider, received a majority investment from Bessemer Venture Partners.

The amount of the deal was not disclosed.

With the support of Bessemer, the company plans to bolster its market position. Bessemer Partner Brian Feinstein will serve as Chairman of Litify’s Board of Directors. He brings 15 years of business and vertical SaaS expertise to the company’s strategies and operations.

Founded by John Morgan and Reuven Moskowitz in 2016, Litify provides a secure and open platform built to centralize legal business operations and drive efficiency for law firm and corporate legal departments. Built on Salesforce, the system streamlines and automates matter and task management, document generation, timekeeping, billing, and client communications, while providing data-driven insights that allow law firms and legal teams to scale and improve their financial performance.

The company has grown to service over 45,000 legal professionals globally, including iconic clients such as Salesforce, and Morgan & Morgan, America’s largest injury law firm.

FinSMEs

14/02/2023