LawFi, a Jacksonville, FL-based legal fintech lender, raised $1.5M in Pre-Seed funding.
The round was led by Capital Q Ventures, and their Fund CAPQ BDC.
The company intends to use the funds to expand operations and its business reach.
Led by Steven Highfill, CPC, Founder and CEO, LawFi is a mobile-first digital lending and payments platform purpose-built for the legal profession. The company streamlines and digitizes the delivery of lawyer retainer agreements and legal invoices. LawFi converts them into interactive Text-to-Pay and Text-to-Sign Requests with more payment methods and NEW legal fee financing options. Its flow technology, legal fee loans, payment plans, and traditional payment products aim to empower inclusive access to legal services and credit. LawFi is building a legal fee loan decision engine capable of underwriting and making customized legal fee loans for most types of legal matters. Its platform will offer transparent point-of-need legal fee loans and guaranteed payment plans to finance attorney consultations, retainers, and current or past-due legal invoices.
FinSMEs
21/12/2023