The LegalTech Fund is a global early stage venture capital firm exclusively dedicated to investing in technologies transforming the legal services industry. Founded in 2021, it is the first fund fully focused on legaltech and supports entrepreneurs redefining how legal work is practiced, accessed and delivered. The firm works across a global network of law firms, corporates and innovators and operates initiatives such as the TLTF Summit and The LegalTech Lab to strengthen founder engagement.
Fund II closed at $110 million, representing nearly four times the size of the firm’s inaugural $28.5 million vehicle. The new fund reflects strong investor conviction in the accelerating transformation of the legal sector, driven by AI, workflow automation, regulatory change and increased demand for accessible legal services.
McDermott Will & Schulte doubled its commitment with a $10 million investment and continues as the fund’s Anchor Partner, partnering with portfolio founders on emerging technologies shaping the future of legal delivery. Strategic partner Consilio also joined as a lead investor, alongside additional institutional and industry backers including Burford Capital, Clio, Docusign, Harbor, Orrick and Thomson Reuters Ventures.
Fund II will continue investing globally at the pre seed through Series A stages and has already backed companies across litigation AI, analytics, legal hiring, automation and consumer legal access.
The fund aims to support founders building solutions at a moment when legaltech is emerging as a durable category and major vertical undergoing systemic change.
Leadership
The LegalTech Fund is led by Co Founder and Managing Partner Zach Posner, supported by a global network of advisors, legal industry partners and strategic investors from leading firms and corporations.
Investment Strategy
The LegalTech Fund follows a global, sector focused strategy targeting companies driving transformation across legal practices, operations and consumer access. The firm invests in AI platforms, workflow automation tools, analytics systems, legal hiring solutions, data security products and technology that improves speed, accuracy and scalability across the legal ecosystem. Its model integrates access to law firm partners and corporate legal teams, providing founders with industry insight, early customers and strategic validation.
Notable Investments
The fund has backed more than 80 entrepreneurs modernizing legal services across litigation, hiring, compliance, analytics, consumer access, AI powered review and workflow automation. Companies include:
Notable Exits
Specific exits for Fund II are not publicly disclosed.
Other
Fund II attracted a mix of institutional and strategic investors, including major global law firms, legaltech leaders and corporate partners. The fund operates as a catalyst for legal innovation at a time when the industry is undergoing rapid technological change.
United States
