New Era ADR, a Chicago, IL-based dispute resolution technology platform, received an investment of undisclosed amount.
The amount of the deal was not disclosed.
Backers included Marquee Ventures, a venture capital fund spun-out of the Chicago Cubs, OnDean, the family office of Andrew Sieja, founder and former CEO of legaltech and eDiscovery company, Relativity, Jai Shekhewat, Founder of SAP Fieldglass, and leaders at the forefront of the legal industry, including Jae Um, Haley Altman, Ed Sohn, and the LexFusion founding team (Joe Borstein, Casey Flaherty, Paul Stroka).
The company intends to use the funds to accelerate growth, hire new talent, invest in its platform and enhance customer support.
Led by Rich Lee, CEO and Co-Founder, New Era ADR is a virtual dispute resolution platform for organizations and individuals to save time and cost with experienced arbitrators and mediators, all on its technology platform. Its team of technology industry operators, former general counsels, and technologists and engineers work for improving access to justice and making dispute resolution efficient, pragmatic, and amicable for everyone.
FinSMEs
10/11/2023